REI Lense

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$2,636 (target)

919 Martingale Dr, Greeneville, TN 37743

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Mid-Term investment with a projected -5.7% first-year return on $95,154 initial cash invested.

-5.7%

Cash On Cash

4.95%

Cap Rate

0.81

DSCR

$2,636

Rent

-$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,636 income − $3,088 expenses = $452 out of pocket

Income$2,636Out of Pocket$452Mortgage P&I$1,86171%Property Taxes$1998%Insurance$1335%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,636

Total Expenses

$3,088

Mortgage P&I

71%

$1,861

Property Taxes

8%

$199

Home Insurance

5%

$133

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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