REI Lense

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$1,616 (target)

340 Springfield Dr, Bristol, TN 37620

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Long-Term investment with a projected -12.75% first-year return on $63,714 initial cash invested.

-12.75%

Cash On Cash

4.28%

Cap Rate

0.64

DSCR

$1,616

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,616 income − $2,293 expenses = $677 out of pocket

Income$1,616Out of Pocket$677Mortgage P&I$1,678104%Property Taxes$845%Insurance$1107%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,714

Downpayment

20%

$60,680

Closing costs

1%

$3,034

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,616

Total Expenses

$2,293

Mortgage P&I

104%

$1,678

Property Taxes

5%

$84

Home Insurance

7%

$110

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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