REI Lense

REI Lense

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$2,608 (target)

3115 Ultragreen Ln, Arlington, TN 38002

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $72,579 initial cash invested.

2.36%

Cash On Cash

7.13%

Cap Rate

1.19

DSCR

$2,608

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,608 income − $2,465 expenses = $143 cash flow

Income$2,608Mortgage P&I$1,29750%Property Taxes$1897%Insurance$934%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$143

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,465

Mortgage P&I

50%

$1,297

Property Taxes

7%

$189

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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