REI Lense

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$2,723 (target)

308 Marci Cv, Collierville, TN 38017

3 beds • 2 baths • 2149 sqft

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This property looks like a bad Long-Term investment with a projected -7.54% first-year return on $86,919 initial cash invested.

-7.54%

Cash On Cash

4.76%

Cap Rate

0.8

DSCR

$2,723

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,723 income − $3,269 expenses = $546 out of pocket

Income$2,723Out of Pocket$546Mortgage P&I$2,05275%Property Taxes$36113%Insurance$1495%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,919

Downpayment

20%

$82,780

Closing costs

1%

$4,139

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,723

Total Expenses

$3,269

Mortgage P&I

75%

$2,052

Property Taxes

13%

$361

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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