REI Lense

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$3,010 (target)

384 Miller Rd, Signal Mountain, TN 37377

3 beds • 3 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 7.79% first-year return on $73,188 initial cash invested.

7.79%

Cash On Cash

8.86%

Cap Rate

1.44

DSCR

$3,010

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,010 income − $2,535 expenses = $475 cash flow

Income$3,010Mortgage P&I$1,34645%Property Taxes$732%Insurance$943%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%Cash Flow$475

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,188

Downpayment

20%

$52,560

Closing costs

1%

$2,628

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,010

Total Expenses

$2,535

Mortgage P&I

45%

$1,346

Property Taxes

2%

$73

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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