REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,770 (target)

6904 Aspenhill Dr, Memphis, TN 38135

3 beds • 2 baths • 1336 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $72,579 initial cash invested.

2.18%

Cash On Cash

7.51%

Cap Rate

1.18

DSCR

$2,770

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $2,638 expenses = $132 cash flow

Income$2,770Mortgage P&I$1,38350%Property Taxes$2228%Insurance$913%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$132

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$2,638

Mortgage P&I

50%

$1,383

Property Taxes

8%

$222

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis