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$1,674 (target)

5115 Aureen Dr, Memphis, TN 38109

3 beds • 2 baths • 1078 sqft

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This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $51,012 initial cash invested.

1.98%

Cash On Cash

7.52%

Cap Rate

1.18

DSCR

$1,674

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,674 income − $1,590 expenses = $84 cash flow

Income$1,674Mortgage P&I$83450%Property Taxes$1318%Insurance$563%Management$20112%CapEx$674%Vacancy$503%Maintenance$674%Other$18411%Cash Flow$84

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,012

Downpayment

20%

$31,440

Closing costs

1%

$1,572

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,674

Total Expenses

$1,590

Mortgage P&I

50%

$834

Property Taxes

8%

$131

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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