REI Lense

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$1,898 (target)

388 Park Hill Rd, Collierville, TN 38017

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -12.15% first-year return on $72,786 initial cash invested.

-12.15%

Cash On Cash

3.77%

Cap Rate

0.63

DSCR

$1,898

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $2,635 expenses = $737 out of pocket

Income$1,898Out of Pocket$737Mortgage P&I$1,73091%Property Taxes$28715%Insurance$1247%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,786

Downpayment

20%

$69,320

Closing costs

1%

$3,466

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,898

Total Expenses

$2,635

Mortgage P&I

91%

$1,730

Property Taxes

15%

$287

Home Insurance

7%

$124

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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