REI Lense

REI Lense

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$1,396 (target)

45 Parrish Dr, Greeneville, TN 37743

3 beds • 2 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $57,435 initial cash invested.

-9.99%

Cash On Cash

4.17%

Cap Rate

0.7

DSCR

$1,396

Rent

-$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,396 income − $1,874 expenses = $478 out of pocket

Income$1,396Out of Pocket$478Mortgage P&I$1,35897%Property Taxes$524%Insurance$1007%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,435

Downpayment

20%

$54,700

Closing costs

1%

$2,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,396

Total Expenses

$1,874

Mortgage P&I

97%

$1,358

Property Taxes

4%

$52

Home Insurance

7%

$100

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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