REI Lense

REI Lense

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$1,649 (target)

1678 Echo Ct, Kingsport, TN 37665

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Long-Term investment with a projected -2.36% first-year return on $44,331 initial cash invested.

-2.36%

Cash On Cash

6.49%

Cap Rate

1

DSCR

$1,649

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,649 income − $1,736 expenses = $87 out of pocket

Income$1,649Out of Pocket$87Mortgage P&I$1,14770%Property Taxes$865%Insurance$755%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,331

Downpayment

20%

$42,220

Closing costs

1%

$2,111

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,649

Total Expenses

$1,736

Mortgage P&I

70%

$1,147

Property Taxes

5%

$86

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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