REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,763 (target)

6618 Vance Rd, Knoxville, TN 37921

3 beds • 2 baths • 1795 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $118k initial cash invested.

-7.71%

Cash On Cash

4.45%

Cap Rate

0.73

DSCR

$2,763

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,763 income − $3,520 expenses = $757 out of pocket

Income$2,763Out of Pocket$757Mortgage P&I$2,40687%Property Taxes$7Insurance$1666%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,763

Total Expenses

$3,520

Mortgage P&I

87%

$2,406

Property Taxes

0%

$7

Home Insurance

6%

$166

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis