REI Lense

REI Lense

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$1,554 (target)

412 Cherokee Hills Ave, Munford, TN 38058

3 beds • 2 baths • 1261 sqft

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This property looks like a bad Long-Term investment with a projected -7.08% first-year return on $49,497 initial cash invested.

-7.08%

Cash On Cash

5.46%

Cap Rate

0.83

DSCR

$1,554

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,554 income − $1,846 expenses = $292 out of pocket

Income$1,554Out of Pocket$292Mortgage P&I$1,28683%Property Taxes$725%Insurance$845%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,497

Downpayment

20%

$47,140

Closing costs

1%

$2,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,554

Total Expenses

$1,846

Mortgage P&I

83%

$1,286

Property Taxes

5%

$72

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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