REI Lense

REI Lense

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$2,411 (target)

657 Allison Rd, Piney Flats, TN 37686

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $99,162 initial cash invested.

-11.31%

Cash On Cash

4.08%

Cap Rate

0.66

DSCR

$2,411

Rent

-$935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,411 income − $3,346 expenses = $935 out of pocket

Income$2,411Out of Pocket$935Mortgage P&I$2,418100%Property Taxes$1285%Insurance$1727%Management$24110%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,162

Downpayment

20%

$94,440

Closing costs

1%

$4,722

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,411

Total Expenses

$3,346

Mortgage P&I

100%

$2,418

Property Taxes

5%

$128

Home Insurance

7%

$172

HOA

0%

$0

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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