REI Lense

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$1,688 (target)

122 E Carters Valley Rd, Kingsport, TN 37665

3 beds • 2 baths • 1845 sqft

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This property looks like a bad Long-Term investment with a projected -12.42% first-year return on $78,645 initial cash invested.

-12.42%

Cash On Cash

3.56%

Cap Rate

0.6

DSCR

$1,688

Rent

-$814

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $2,502 expenses = $814 out of pocket

Income$1,688Out of Pocket$814Mortgage P&I$1,841109%Property Taxes$925%Insurance$1318%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,645

Downpayment

20%

$74,900

Closing costs

1%

$3,745

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,688

Total Expenses

$2,502

Mortgage P&I

109%

$1,841

Property Taxes

5%

$92

Home Insurance

8%

$131

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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