REI Lense

REI Lense

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$1,755 (target)

6451 Sevierville Pike, Knoxville, TN 37920

3 beds • 2 baths • 1490 sqft

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This property might be a fair Long-Term investment with a projected 7.65% first-year return on $39,207 initial cash invested.

7.65%

Cash On Cash

8.11%

Cap Rate

1.37

DSCR

$1,755

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,755 income − $1,505 expenses = $250 cash flow

Income$1,755Mortgage P&I$92453%Property Taxes$282%Insurance$965%Management$17610%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$250

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,207

Downpayment

20%

$37,340

Closing costs

1%

$1,867

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,755

Total Expenses

$1,505

Mortgage P&I

53%

$924

Property Taxes

2%

$28

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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