REI Lense

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$1,281 (target)

60 Hadley Way, Counce, TN 38326

3 beds • 2 baths • 962 sqft

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This property could be a profitable Long-Term investment with a projected 20.25% first-year return on $19,677 initial cash invested.

20.25%

Cash On Cash

11.47%

Cap Rate

1.79

DSCR

$1,281

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,281 income − $949 expenses = $332 cash flow

Income$1,281Mortgage P&I$50039%Property Taxes$464%Insurance$705%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$332

Investment Breakdown

|

Purchase Price

$93,700

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,677

Downpayment

20%

$18,740

Closing costs

1%

$937

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,281

Total Expenses

$949

Mortgage P&I

39%

$500

Property Taxes

4%

$46

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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