REI Lense

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$3,003 (target)

60 Evergreen Dr, Lexington, TN 38351

3 beds • 2 baths • 1736 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $75,939 initial cash invested.

5.06%

Cash On Cash

8.54%

Cap Rate

1.29

DSCR

$3,003

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,003 income − $2,683 expenses = $320 cash flow

Income$3,003Mortgage P&I$1,52451%Property Taxes$763%Insurance$632%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$320

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,939

Downpayment

20%

$55,180

Closing costs

1%

$2,759

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,003

Total Expenses

$2,683

Mortgage P&I

51%

$1,524

Property Taxes

3%

$76

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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