REI Lense

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$4,164 (target)

7505 Island Manor Dr, Harrison, TN 37341

3 beds • 3 baths • 2522 sqft

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This property looks like a bad Mid-Term investment with a projected -7.14% first-year return on $152k initial cash invested.

-7.14%

Cash On Cash

4.72%

Cap Rate

0.77

DSCR

$4,164

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,164 income − $5,070 expenses = $906 out of pocket

Income$4,164Out of Pocket$906Mortgage P&I$3,25478%Property Taxes$1634%Insurance$2285%HOA$8Management$50012%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45811%

Investment Breakdown

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Purchase Price

$639k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,390

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$5,070

Mortgage P&I

78%

$3,254

Property Taxes

4%

$163

Home Insurance

5%

$228

HOA

0%

$8

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$458

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