REI Lense

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$3,506 (target)

7183 Tailgate Loop, Ooltewah, TN 37363

3 beds • 2 baths • 2123 sqft

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This property looks like a bad Mid-Term investment with a projected -3.13% first-year return on $106k initial cash invested.

-3.13%

Cash On Cash

5.99%

Cap Rate

0.94

DSCR

$3,506

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,506 income − $3,782 expenses = $276 out of pocket

Income$3,506Out of Pocket$276Mortgage P&I$2,22463%Property Taxes$1364%Insurance$1474%HOA$832%Management$42112%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38611%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,640

Closing costs

1%

$4,182

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,506

Total Expenses

$3,782

Mortgage P&I

63%

$2,224

Property Taxes

4%

$136

Home Insurance

4%

$147

HOA

2%

$83

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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