REI Lense

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$1,568 (target)

512 Cloudland Dr, Roan Mountain, TN 37687

3 beds • 2 baths • 1138 sqft

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This property looks like a bad Long-Term investment with a projected -7.88% first-year return on $55,755 initial cash invested.

-7.88%

Cash On Cash

4.97%

Cap Rate

0.79

DSCR

$1,568

Rent

-$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,568 income − $1,934 expenses = $366 out of pocket

Income$1,568Out of Pocket$366Mortgage P&I$1,38889%Property Taxes$433%Insurance$966%Management$15710%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,755

Downpayment

20%

$53,100

Closing costs

1%

$2,655

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,568

Total Expenses

$1,934

Mortgage P&I

89%

$1,388

Property Taxes

3%

$43

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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