REI Lense

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$2,938 (target)

8920 Birchwood Pike, Harrison, TN 37341

3 beds • 2 baths • 1645 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $78,291 initial cash invested.

5.06%

Cash On Cash

7.8%

Cap Rate

1.32

DSCR

$2,938

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,291

Downpayment

20%

$57,420

Closing costs

1%

$2,871

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$2,608

Mortgage P&I

48%

$1,419

Property Taxes

3%

$87

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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