REI Lense

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$2,847 (target)

388 Park Hill Rd, Collierville, TN 38017

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $90,786 initial cash invested.

-3.46%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$2,847

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $3,109 expenses = $262 out of pocket

Income$2,847Out of Pocket$262Mortgage P&I$1,73061%Property Taxes$28710%Insurance$1244%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,786

Downpayment

20%

$69,320

Closing costs

1%

$3,466

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$3,109

Mortgage P&I

61%

$1,730

Property Taxes

10%

$287

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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