REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,574 (target)

3268 Spring Place Rd SE, Cleveland, TN 37323

3 beds • 3 baths • 2029 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $93,600 initial cash invested.

-6.67%

Cash On Cash

5.29%

Cap Rate

0.79

DSCR

$2,574

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $3,094 expenses = $520 out of pocket

Income$2,574Out of Pocket$520Mortgage P&I$2,00378%Property Taxes$903%Insurance$1265%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$3,094

Mortgage P&I

78%

$2,003

Property Taxes

4%

$90

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis