REI Lense

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$3,816 (target)

8740 Seven Lakes Dr, Ooltewah, TN 37363

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Mid-Term investment with a projected -3.77% first-year return on $124k initial cash invested.

-3.77%

Cash On Cash

5.44%

Cap Rate

0.91

DSCR

$3,816

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,816 income − $4,204 expenses = $388 out of pocket

Income$3,816Out of Pocket$388Mortgage P&I$2,51666%Property Taxes$1434%Insurance$1785%HOA$692%Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$42011%

Investment Breakdown

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Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,031

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,816

Total Expenses

$4,204

Mortgage P&I

66%

$2,516

Property Taxes

4%

$143

Home Insurance

5%

$178

HOA

2%

$69

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$420

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