REI Lense

REI Lense

Unlock all features! Tap here to upgrade

143 Watauga Flats Rd, Johnson City, TN 37601

3 beds • 2 baths • 2290 sqft

$1,400,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -22.21% first-year return on $312k initial cash invested.

-22.21%

Cash On Cash

1.21%

Cap Rate

0.2

DSCR

$3,556

Rent

-$5,774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,556 income − $9,330 expenses = $5,774 out of pocket

Income$3,556Out of Pocket$5,774Mortgage P&I$7,039198%Property Taxes$953%Insurance$49014%Management$53315%CapEx$1424%Maintenance$1424%Other$88925%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$14,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,556

Total Expenses

$9,330

Mortgage P&I

198%

$7,039

Property Taxes

3%

$95

Home Insurance

14%

$490

HOA

0%

$0

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$889

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis