REI Lense

REI Lense

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$1,419 (target)

75 Beal Ln, Lexington, TN 38351

3 beds • 2 baths • 1392 sqft

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This property looks like a bad Long-Term investment with a projected -5.07% first-year return on $43,533 initial cash invested.

-5.07%

Cash On Cash

5.72%

Cap Rate

0.9

DSCR

$1,419

Rent

-$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,419 income − $1,603 expenses = $184 out of pocket

Income$1,419Out of Pocket$184Mortgage P&I$1,10178%Property Taxes$584%Insurance$755%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,533

Downpayment

20%

$41,460

Closing costs

1%

$2,073

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,419

Total Expenses

$1,603

Mortgage P&I

78%

$1,101

Property Taxes

4%

$58

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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