REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,604 (target)

795 Newcastle Dr, Somerville, TN 38068

3 beds • 2 baths • 1348 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $71,904 initial cash invested.

-12.67%

Cash On Cash

3.85%

Cap Rate

0.62

DSCR

$1,604

Rent

-$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,604 income − $2,363 expenses = $759 out of pocket

Income$1,604Out of Pocket$759Mortgage P&I$1,777111%Property Taxes$483%Insurance$1228%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,904

Downpayment

20%

$68,480

Closing costs

1%

$3,424

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,604

Total Expenses

$2,363

Mortgage P&I

111%

$1,777

Property Taxes

3%

$48

Home Insurance

8%

$122

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis