REI Lense

REI Lense

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$2,544 (target)

429 Olivia Ln, Soddy Daisy, TN 37379

3 beds • 3 baths • 2466 sqft

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This property looks like a bad Long-Term investment with a projected -11.1% first-year return on $95,802 initial cash invested.

-11.1%

Cash On Cash

4.28%

Cap Rate

0.68

DSCR

$2,544

Rent

-$886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $3,430 expenses = $886 out of pocket

Income$2,544Out of Pocket$886Mortgage P&I$2,38594%Property Taxes$2209%Insurance$1646%Management$25410%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,802

Downpayment

20%

$91,240

Closing costs

1%

$4,562

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,544

Total Expenses

$3,430

Mortgage P&I

94%

$2,385

Property Taxes

9%

$220

Home Insurance

6%

$164

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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