REI Lense

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$2,688 (target)

1100 King Springs Rd, Johnson City, TN 37601

3 beds • 2 baths • 1598 sqft

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This property looks like a bad Mid-Term investment with a projected -1.21% first-year return on $86,250 initial cash invested.

-1.21%

Cash On Cash

6.07%

Cap Rate

1.01

DSCR

$2,688

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $2,775 expenses = $87 out of pocket

Income$2,688Out of Pocket$87Mortgage P&I$1,62360%Property Taxes$1225%Insurance$1144%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$2,775

Mortgage P&I

60%

$1,623

Property Taxes

5%

$122

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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