REI Lense

REI Lense

Unlock all features! Tap here to upgrade

293 Colony Ln NW, Cleveland, TN 37312

3 beds • 2 baths • 1986 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.66% first-year return on $128k initial cash invested.

-17.66%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$1,996

Rent

-$1,881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,996 income − $3,877 expenses = $1,881 out of pocket

Income$1,996Out of Pocket$1,881Mortgage P&I$2,610131%Property Taxes$1176%Insurance$19210%Management$29915%CapEx$804%Maintenance$804%Other$49925%

Investment Breakdown

|

Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,230

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,996

Total Expenses

$3,877

Mortgage P&I

131%

$2,610

Property Taxes

6%

$117

Home Insurance

10%

$192

HOA

0%

$0

Property Management

15%

$299

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$499

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis