REI Lense

REI Lense

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$1,548 (target)

705 Highland Dr, Crossville, TN 38572

3 beds • 2 baths • 1690 sqft

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This property looks like a bad Long-Term investment with a projected -14.73% first-year return on $78,183 initial cash invested.

-14.73%

Cash On Cash

3.31%

Cap Rate

0.54

DSCR

$1,548

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $2,508 expenses = $960 out of pocket

Income$1,548Out of Pocket$960Mortgage P&I$1,911123%Property Taxes$594%Insurance$1369%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,183

Downpayment

20%

$74,460

Closing costs

1%

$3,723

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$2,508

Mortgage P&I

123%

$1,911

Property Taxes

4%

$59

Home Insurance

9%

$136

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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