REI Lense

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$1,750 (target)

718 W Henderson Dr, Chattanooga, TN 37411

3 beds • 2 baths • 1091 sqft

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This property could be a profitable Long-Term investment with a projected 15.18% first-year return on $29,400 initial cash invested.

15.18%

Cash On Cash

10.47%

Cap Rate

1.6

DSCR

$1,750

Rent

$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,750 income − $1,378 expenses = $372 cash flow

Income$1,750Mortgage P&I$76244%Property Taxes$1116%Insurance$493%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$372

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$1,378

Mortgage P&I

44%

$762

Property Taxes

6%

$111

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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