REI Lense

REI Lense

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$2,601 (target)

3618 Weldon Dr, Chattanooga, TN 37412

3 beds • 2 baths • 1728 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $79,110 initial cash invested.

0.39%

Cash On Cash

6.52%

Cap Rate

1.09

DSCR

$2,601

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,110

Downpayment

20%

$58,200

Closing costs

1%

$2,910

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$2,575

Mortgage P&I

56%

$1,451

Property Taxes

5%

$136

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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