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1724 Echo Ave, Kingsport, TN 37665

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -3.75% first-year return on $48,615 initial cash invested.

-3.75%

Cash On Cash

5.77%

Cap Rate

0.94

DSCR

$1,680

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,615

Downpayment

20%

$46,300

Closing costs

1%

$2,315

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,832

Mortgage P&I

70%

$1,181

Property Taxes

8%

$134

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1167 Bloomingdale Pike, Kingsport, TN 37660

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3

2

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2

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3

2

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1.8 mi

213 Emmett St, Kingsport, TN 37665

$1,300

3

2

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1.3 mi

104 W Rancho Del Cerro

$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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