REI Lense

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$2,213 (target)

855 Old Paris Rd, Mc Kenzie, TN 38201

3 beds • 2 baths • 2385 sqft

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This property might be a fair Long-Term investment with a projected 7.15% first-year return on $47,985 initial cash invested.

7.15%

Cash On Cash

8.28%

Cap Rate

1.34

DSCR

$2,213

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,213 income − $1,927 expenses = $286 cash flow

Income$2,213Mortgage P&I$1,18053%Property Taxes$804%Insurance$914%Management$22110%CapEx$1115%Vacancy$1336%Maintenance$1115%Cash Flow$286

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,985

Downpayment

20%

$45,700

Closing costs

1%

$2,285

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,213

Total Expenses

$1,927

Mortgage P&I

53%

$1,180

Property Taxes

4%

$80

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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