REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,336 (target)

3996 Canterbury Dr, Memphis, TN 38122

3 beds • 2 baths • 1590 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.96% first-year return on $52,125 initial cash invested.

8.96%

Cash On Cash

10.11%

Cap Rate

1.54

DSCR

$2,336

Rent

$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $1,947 expenses = $389 cash flow

Income$2,336Mortgage P&I$88738%Property Taxes$2019%Insurance$663%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$389

Investment Breakdown

|

Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,125

Downpayment

20%

$32,500

Closing costs

1%

$1,625

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$1,947

Mortgage P&I

38%

$887

Property Taxes

9%

$201

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis