REI Lense

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$1,492 (target)

3054 Leeridge Dr, Bartlett, TN 38134

3 beds • 2 baths • 1289 sqft

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This property looks like a bad Long-Term investment with a projected -8.87% first-year return on $43,680 initial cash invested.

-8.87%

Cash On Cash

4.98%

Cap Rate

0.78

DSCR

$1,492

Rent

-$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,492 income − $1,815 expenses = $323 out of pocket

Income$1,492Out of Pocket$323Mortgage P&I$1,11275%Property Taxes$23916%Insurance$755%Management$14910%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,492

Total Expenses

$1,815

Mortgage P&I

75%

$1,112

Property Taxes

16%

$239

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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