REI Lense

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$2,616 (target)

825 5th St, Bristol, TN 37620

3 beds • 2 baths • 1172 sqft

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This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $74,007 initial cash invested.

1.95%

Cash On Cash

7.26%

Cap Rate

1.16

DSCR

$2,616

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,496 expenses = $120 cash flow

Income$2,616Mortgage P&I$1,38953%Property Taxes$1375%Insurance$803%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28811%Cash Flow$120

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,007

Downpayment

20%

$53,340

Closing costs

1%

$2,667

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,496

Mortgage P&I

53%

$1,389

Property Taxes

5%

$137

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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