REI Lense

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$2,821 (target)

8589 Brunswick Rd, Millington, TN 38053

3 beds • 2 baths • 2282 sqft

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This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $111k initial cash invested.

-11.73%

Cash On Cash

4.09%

Cap Rate

0.66

DSCR

$2,821

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,821 income − $3,906 expenses = $1,085 out of pocket

Income$2,821Out of Pocket$1,085Mortgage P&I$2,74797%Property Taxes$2378%Insurance$1897%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,284

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,821

Total Expenses

$3,906

Mortgage P&I

97%

$2,747

Property Taxes

8%

$237

Home Insurance

7%

$189

HOA

0%

$0

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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