REI Lense

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$3,411 (target)

939 N Pickens Bridge Rd, Piney Flats, TN 37686

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Mid-Term investment with a projected -4.19% first-year return on $112k initial cash invested.

-4.19%

Cash On Cash

5.51%

Cap Rate

0.89

DSCR

$3,411

Rent

-$392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,411 income − $3,803 expenses = $392 out of pocket

Income$3,411Out of Pocket$392Mortgage P&I$2,32068%Property Taxes$1645%Insurance$1615%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,411

Total Expenses

$3,803

Mortgage P&I

68%

$2,320

Property Taxes

5%

$164

Home Insurance

5%

$161

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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