REI Lense

REI Lense

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$1,490 (target)

559 Union Fork Rd, Soddy Daisy, TN 37379

3 beds • 2 baths • 2132 sqft

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This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $52,626 initial cash invested.

-10.67%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$1,490

Rent

-$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,490 income − $1,958 expenses = $468 out of pocket

Income$1,490Out of Pocket$468Mortgage P&I$1,23283%Property Taxes$18312%Insurance$15711%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,626

Downpayment

20%

$50,120

Closing costs

1%

$2,506

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,490

Total Expenses

$1,958

Mortgage P&I

83%

$1,232

Property Taxes

12%

$183

Home Insurance

11%

$157

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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