REI Lense

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$1,683 (target)

3117 Laurel St, Humboldt, TN 38343

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Long-Term investment with a projected -1.76% first-year return on $44,352 initial cash invested.

-1.76%

Cash On Cash

6.74%

Cap Rate

1.02

DSCR

$1,683

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,683 income − $1,748 expenses = $65 out of pocket

Income$1,683Out of Pocket$65Mortgage P&I$1,16769%Property Taxes$694%Insurance$754%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,352

Downpayment

20%

$42,240

Closing costs

1%

$2,112

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,683

Total Expenses

$1,748

Mortgage P&I

69%

$1,167

Property Taxes

4%

$69

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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