REI Lense

REI Lense

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$3,160 (target)

617 Iron Mountain Rd, Pigeon Forge, TN 37863

3 beds • 3 baths • 1368 sqft

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This property looks like a bad Long-Term investment with a projected -2.58% first-year return on $95,319 initial cash invested.

-2.58%

Cash On Cash

5.92%

Cap Rate

0.98

DSCR

$3,160

Rent

-$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $3,365 expenses = $205 out of pocket

Income$3,160Out of Pocket$205Mortgage P&I$2,28672%Property Taxes$1244%Insurance$1334%Management$31610%CapEx$1585%Vacancy$1906%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,319

Downpayment

20%

$90,780

Closing costs

1%

$4,539

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,160

Total Expenses

$3,365

Mortgage P&I

72%

$2,286

Property Taxes

4%

$124

Home Insurance

4%

$133

HOA

0%

$0

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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