REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,500 (target)

5079 Walnut Grove Rd, Memphis, TN 38117

3 beds • 2 baths • 1942 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.28% first-year return on $80,682 initial cash invested.

-9.28%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$2,500

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,500 income − $3,124 expenses = $624 out of pocket

Income$2,500Out of Pocket$624Mortgage P&I$1,94678%Property Taxes$38816%Insurance$1406%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,500

Total Expenses

$3,124

Mortgage P&I

78%

$1,946

Property Taxes

16%

$388

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis