REI Lense

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$2,616 (target)

7130 Bryan Station Rd, Cordova, TN 38018

3 beds • 2 baths • 1418 sqft

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This property might be a fair Mid-Term investment with a projected 4.64% first-year return on $67,749 initial cash invested.

4.64%

Cash On Cash

8.16%

Cap Rate

1.3

DSCR

$2,616

Rent

$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,354 expenses = $262 cash flow

Income$2,616Mortgage P&I$1,24448%Property Taxes$1365%Insurance$843%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28811%Cash Flow$262

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,749

Downpayment

20%

$47,380

Closing costs

1%

$2,369

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,354

Mortgage P&I

48%

$1,244

Property Taxes

5%

$136

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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