REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,517 (target)

6206 Kirby Downs Dr, Memphis, TN 38115

3 beds • 2 baths • 1751 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $50,190 initial cash invested.

-11.55%

Cash On Cash

4.5%

Cap Rate

0.69

DSCR

$1,517

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,517 income − $2,000 expenses = $483 out of pocket

Income$1,517Out of Pocket$483Mortgage P&I$1,30486%Property Taxes$21714%Insurance$846%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,517

Total Expenses

$2,000

Mortgage P&I

86%

$1,304

Property Taxes

14%

$217

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis