REI Lense

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$1,964 (target)

720 S Sherbrooke Cir, Mt Carmel, TN 37645

3 beds • 3 baths • 1852 sqft

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This property looks like a bad Long-Term investment with a projected -12% first-year return on $73,500 initial cash invested.

-12%

Cash On Cash

4.45%

Cap Rate

0.67

DSCR

$1,964

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,964 income − $2,699 expenses = $735 out of pocket

Income$1,964Out of Pocket$735Mortgage P&I$1,93599%Property Taxes$1327%Insurance$1226%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,964

Total Expenses

$2,699

Mortgage P&I

99%

$1,935

Property Taxes

7%

$132

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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