REI Lense

REI Lense

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$3,158 (target)

7535 Irongate Dr, Hixson, TN 37343

3 beds • 2 baths • 1855 sqft

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This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $91,626 initial cash invested.

1.53%

Cash On Cash

6.81%

Cap Rate

1.14

DSCR

$3,158

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,626

Downpayment

20%

$70,120

Closing costs

1%

$3,506

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,158

Total Expenses

$3,041

Mortgage P&I

55%

$1,748

Property Taxes

3%

$94

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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