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1724 Echo Ave, Kingsport, TN 37665

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 5.12% first-year return on $66,615 initial cash invested.

5.12%

Cash On Cash

8.12%

Cap Rate

1.33

DSCR

$2,544

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,615

Downpayment

20%

$46,300

Closing costs

1%

$2,315

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$2,260

Mortgage P&I

46%

$1,181

Property Taxes

5%

$134

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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