REI Lense

REI Lense

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$2,907 (target)

7476 Bakers Glenn Ln, Cordova, TN 38018

3 beds • 3 baths • 2139 sqft

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This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $78,102 initial cash invested.

2.98%

Cash On Cash

7.3%

Cap Rate

1.22

DSCR

$2,907

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,102

Downpayment

20%

$57,240

Closing costs

1%

$2,862

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,907

Total Expenses

$2,713

Mortgage P&I

49%

$1,431

Property Taxes

5%

$158

Home Insurance

4%

$102

HOA

1%

$34

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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