REI Lense

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$2,877 (target)

538 Turn Table Rd, Sparta, TN 38583

3 beds • 2 baths • 1769 sqft

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This property looks like a bad Mid-Term investment with a projected -2.47% first-year return on $96,729 initial cash invested.

-2.47%

Cash On Cash

5.72%

Cap Rate

0.96

DSCR

$2,877

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,877 income − $3,076 expenses = $199 out of pocket

Income$2,877Out of Pocket$199Mortgage P&I$1,87265%Property Taxes$963%Insurance$1315%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,877

Total Expenses

$3,076

Mortgage P&I

65%

$1,872

Property Taxes

3%

$96

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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