REI Lense

REI Lense

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$1,557 (target)

3996 Canterbury Dr, Memphis, TN 38122

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -0.07% first-year return on $34,125 initial cash invested.

-0.07%

Cash On Cash

7.11%

Cap Rate

1.09

DSCR

$1,557

Rent

-$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,557 income − $1,559 expenses = $2 out of pocket

Income$1,557Out of Pocket$2Mortgage P&I$88757%Property Taxes$20113%Insurance$664%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,125

Downpayment

20%

$32,500

Closing costs

1%

$1,625

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,557

Total Expenses

$1,559

Mortgage P&I

57%

$887

Property Taxes

13%

$201

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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