REI Lense

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$2,286 (target)

1229 Harrison Ave, Kingsport, TN 37665

3 beds • 2 baths • 1152 sqft

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This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $72,411 initial cash invested.

0.55%

Cash On Cash

6.75%

Cap Rate

1.09

DSCR

$2,286

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,286 income − $2,253 expenses = $33 cash flow

Income$2,286Mortgage P&I$1,33358%Property Taxes$512%Insurance$934%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%Cash Flow$33

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,411

Downpayment

20%

$51,820

Closing costs

1%

$2,591

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,286

Total Expenses

$2,253

Mortgage P&I

58%

$1,333

Property Taxes

2%

$51

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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