REI Lense

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$1,194 (target)

390 Wharf Rd, Savannah, TN 38372

3 beds • 2 baths • 1150 sqft

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This property might be a fair Mid-Term investment with a projected 4.73% first-year return on $41,625 initial cash invested.

4.73%

Cash On Cash

8.44%

Cap Rate

1.37

DSCR

$1,194

Rent

$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,194 income − $1,030 expenses = $164 cash flow

Income$1,194Mortgage P&I$57948%Property Taxes$61%Insurance$393%Management$14312%CapEx$484%Vacancy$363%Maintenance$484%Other$13111%Cash Flow$164

Investment Breakdown

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Purchase Price

$113k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,625

Downpayment

20%

$22,500

Closing costs

1%

$1,125

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,194

Total Expenses

$1,030

Mortgage P&I

48%

$579

Property Taxes

1%

$6

Home Insurance

3%

$39

HOA

0%

$0

Property Management

12%

$143

CapEx

4%

$48

Vacancy

3%

$36

Maintenance

4%

$48

Other

11%

$131

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