REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,428 (target)

8440 Cherrybark Ln, Ooltewah, TN 37363

3 beds • 2 baths • 1660 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $99,942 initial cash invested.

0.28%

Cash On Cash

6.38%

Cap Rate

1.08

DSCR

$3,428

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,428 income − $3,405 expenses = $23 cash flow

Income$3,428Mortgage P&I$1,91656%Property Taxes$1183%Insurance$1354%HOA$712%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$23

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,428

Total Expenses

$3,405

Mortgage P&I

56%

$1,916

Property Taxes

3%

$118

Home Insurance

4%

$135

HOA

2%

$71

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis