REI Lense

REI Lense

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$1,739 (target)

370 Georgetown Cir NW, Cleveland, TN 37312

3 beds • 2 baths • 1370 sqft

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This property looks like a bad Long-Term investment with a projected -6.02% first-year return on $55,818 initial cash invested.

-6.02%

Cash On Cash

5.49%

Cap Rate

0.86

DSCR

$1,739

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,739 income − $2,019 expenses = $280 out of pocket

Income$1,739Out of Pocket$280Mortgage P&I$1,41081%Property Taxes$694%Insurance$885%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,818

Downpayment

20%

$53,160

Closing costs

1%

$2,658

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,739

Total Expenses

$2,019

Mortgage P&I

81%

$1,410

Property Taxes

4%

$69

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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