REI Lense

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$1,538 (target)

4368 Gardenview Dr, Memphis, TN 38116

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $50,949 initial cash invested.

-0.66%

Cash On Cash

6.79%

Cap Rate

1.04

DSCR

$1,538

Rent

-$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,538 income − $1,566 expenses = $28 out of pocket

Income$1,538Out of Pocket$28Mortgage P&I$85456%Property Taxes$1329%Insurance$564%Management$18512%CapEx$624%Vacancy$463%Maintenance$624%Other$16911%

Investment Breakdown

|

Purchase Price

$157k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,949

Downpayment

20%

$31,380

Closing costs

1%

$1,569

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,538

Total Expenses

$1,566

Mortgage P&I

56%

$854

Property Taxes

9%

$132

Home Insurance

4%

$56

HOA

0%

$0

Property Management

12%

$185

CapEx

4%

$62

Vacancy

3%

$46

Maintenance

4%

$62

Other

11%

$169

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