REI Lense

REI Lense

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$2,044 (target)

8838 Finney Point Dr, Ooltewah, TN 37363

3 beds • 3 baths • 2499 sqft

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This property looks like a bad Long-Term investment with a projected -13.79% first-year return on $98,154 initial cash invested.

-13.79%

Cash On Cash

3.37%

Cap Rate

0.56

DSCR

$2,044

Rent

-$1,128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,154

Downpayment

20%

$93,480

Closing costs

1%

$4,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,044

Total Expenses

$3,172

Mortgage P&I

114%

$2,337

Property Taxes

6%

$126

Home Insurance

8%

$170

HOA

0%

$8

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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