REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,570 (target)

796 Radiance Dr, Cordova, TN 38018

3 beds • 2 baths • 1669 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.41% first-year return on $79,152 initial cash invested.

7.41%

Cash On Cash

8.55%

Cap Rate

1.44

DSCR

$3,570

Rent

$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,570 income − $3,081 expenses = $489 cash flow

Income$3,570Mortgage P&I$1,44240%Property Taxes$3209%Insurance$1053%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%Cash Flow$489

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,152

Downpayment

20%

$58,240

Closing costs

1%

$2,912

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,570

Total Expenses

$3,081

Mortgage P&I

40%

$1,442

Property Taxes

9%

$320

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis