REI Lense

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$1,460 (target)

4847 Royal Run Dr, Memphis, TN 38128

3 beds • 3 baths • 1504 sqft

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This property might be a fair Long-Term investment with a projected 2.76% first-year return on $33,516 initial cash invested.

2.76%

Cash On Cash

7.55%

Cap Rate

1.18

DSCR

$1,460

Rent

$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,460 income − $1,383 expenses = $77 cash flow

Income$1,460Mortgage P&I$85458%Property Taxes$987%Insurance$513%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$77

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,516

Downpayment

20%

$31,920

Closing costs

1%

$1,596

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,460

Total Expenses

$1,383

Mortgage P&I

58%

$854

Property Taxes

7%

$98

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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