REI Lense

REI Lense

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$1,394 (target)

410 Murray Ln, Counce, TN 38326

3 beds • 3 baths • 1391 sqft

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This property looks like a bad Long-Term investment with a projected -11.54% first-year return on $57,603 initial cash invested.

-11.54%

Cash On Cash

4.05%

Cap Rate

0.66

DSCR

$1,394

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,394 income − $1,948 expenses = $554 out of pocket

Income$1,394Out of Pocket$554Mortgage P&I$1,409101%Property Taxes$745%Insurance$1027%Management$13910%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,394

Total Expenses

$1,948

Mortgage P&I

101%

$1,409

Property Taxes

5%

$74

Home Insurance

7%

$102

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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