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$2,336 (target)

62 New Renfroe St, Lexington, TN 38351

3 beds • 2 baths • 1502 sqft

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This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $62,100 initial cash invested.

5.33%

Cash On Cash

8.29%

Cap Rate

1.34

DSCR

$2,336

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,060 expenses = $276 cash flow

Income$2,336Mortgage P&I$1,08146%Property Taxes$954%Insurance$914%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$276

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,060

Mortgage P&I

46%

$1,081

Property Taxes

4%

$95

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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