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$3,033 (target)

5279 Seneca Ave, Memphis, TN 38117

3 beds • 2 baths • 1847 sqft

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This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $76,779 initial cash invested.

3.16%

Cash On Cash

7.38%

Cap Rate

1.23

DSCR

$3,033

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,033 income − $2,831 expenses = $202 cash flow

Income$3,033Mortgage P&I$1,39846%Property Taxes$30010%Insurance$1023%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$202

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,033

Total Expenses

$2,831

Mortgage P&I

46%

$1,398

Property Taxes

10%

$300

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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