REI Lense

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$2,608 (target)

370 Georgetown Cir NW, Cleveland, TN 37312

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $73,818 initial cash invested.

2.52%

Cash On Cash

7.53%

Cap Rate

1.18

DSCR

$2,608

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,608 income − $2,453 expenses = $155 cash flow

Income$2,608Mortgage P&I$1,41054%Property Taxes$693%Insurance$883%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$155

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,818

Downpayment

20%

$53,160

Closing costs

1%

$2,658

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,453

Mortgage P&I

54%

$1,410

Property Taxes

3%

$69

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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