REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,583 (target)

494 Okolona Rd, Johnson City, TN 37601

3 beds • 2 baths • 2055 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.75% first-year return on $108k initial cash invested.

-7.75%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$2,583

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,583 income − $3,281 expenses = $698 out of pocket

Income$2,583Out of Pocket$698Mortgage P&I$2,17184%Property Taxes$763%Insurance$1576%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,820

Closing costs

1%

$4,291

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,583

Total Expenses

$3,281

Mortgage P&I

84%

$2,171

Property Taxes

3%

$76

Home Insurance

6%

$157

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis