REI Lense

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$1,562 (target)

87 Cobblestone Dr, Humboldt, TN 38343

3 beds • 2 baths • 1205 sqft

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This property looks like a bad Long-Term investment with a projected -2.68% first-year return on $43,932 initial cash invested.

-2.68%

Cash On Cash

6.27%

Cap Rate

0.98

DSCR

$1,562

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,562 income − $1,660 expenses = $98 out of pocket

Income$1,562Out of Pocket$98Mortgage P&I$1,11371%Property Taxes$664%Insurance$755%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,932

Downpayment

20%

$41,840

Closing costs

1%

$2,092

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,562

Total Expenses

$1,660

Mortgage P&I

71%

$1,113

Property Taxes

4%

$66

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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