REI Lense

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$1,755 (target)

53 Woodard Dr, Jackson, TN 38305

3 beds • 2 baths • 1543 sqft

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This property might be a fair Long-Term investment with a projected 1.86% first-year return on $40,698 initial cash invested.

1.86%

Cash On Cash

7.47%

Cap Rate

1.14

DSCR

$1,755

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,755 income − $1,692 expenses = $63 cash flow

Income$1,755Mortgage P&I$1,05560%Property Taxes$1106%Insurance$704%Management$17610%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$63

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,698

Downpayment

20%

$38,760

Closing costs

1%

$1,938

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,755

Total Expenses

$1,692

Mortgage P&I

60%

$1,055

Property Taxes

6%

$110

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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