REI Lense

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$1,557 (target)

125 Virginia St, Kingsport, TN 37665

3 beds • 2 baths • 1264 sqft

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This property might be a fair Long-Term investment with a projected 4.22% first-year return on $34,944 initial cash invested.

4.22%

Cash On Cash

7.75%

Cap Rate

1.23

DSCR

$1,557

Rent

$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,557 income − $1,434 expenses = $123 cash flow

Income$1,557Mortgage P&I$87456%Property Taxes$906%Insurance$654%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%Cash Flow$123

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,944

Downpayment

20%

$33,280

Closing costs

1%

$1,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,557

Total Expenses

$1,434

Mortgage P&I

56%

$874

Property Taxes

6%

$90

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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