REI Lense

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$2,979 (target)

8983 Hale Rd, Hixson, TN 37343

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Mid-Term investment with a projected -5.07% first-year return on $100k initial cash invested.

-5.07%

Cash On Cash

5.63%

Cap Rate

0.86

DSCR

$2,979

Rent

-$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $3,403 expenses = $424 out of pocket

Income$2,979Out of Pocket$424Mortgage P&I$2,14572%Property Taxes$1164%Insurance$1304%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$392k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,380

Closing costs

1%

$3,919

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$3,403

Mortgage P&I

72%

$2,145

Property Taxes

4%

$116

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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