REI Lense

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$2,394 (target)

4606 Island Rd, Bristol, TN 37620

3 beds • 2 baths • 1495 sqft

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This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $76,086 initial cash invested.

0.66%

Cash On Cash

6.59%

Cap Rate

1.1

DSCR

$2,394

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,352 expenses = $42 cash flow

Income$2,394Mortgage P&I$1,38058%Property Taxes$582%Insurance$1004%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$42

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,086

Downpayment

20%

$55,320

Closing costs

1%

$2,766

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$2,352

Mortgage P&I

58%

$1,380

Property Taxes

2%

$58

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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