REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,029 (target)

3102 Newmarket Dr, Bartlett, TN 38134

3 beds • 3 baths • 2349 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.44% first-year return on $69,279 initial cash invested.

-9.44%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$2,029

Rent

-$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,029 income − $2,574 expenses = $545 out of pocket

Income$2,029Out of Pocket$545Mortgage P&I$1,64681%Property Taxes$28214%Insurance$1196%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,029

Total Expenses

$2,574

Mortgage P&I

81%

$1,646

Property Taxes

14%

$282

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis