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1816 Hutchinson Dr, Kingsport, TN 37660

3 beds • 3 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -10.96% first-year return on $81,924 initial cash invested.

-10.96%

Cash On Cash

3.39%

Cap Rate

0.56

DSCR

$1,871

Rent

-$748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,871 income − $2,619 expenses = $748 out of pocket

Income$1,871Out of Pocket$748Mortgage P&I$1,53382%Property Taxes$774%Insurance$1106%Management$28115%CapEx$754%Maintenance$754%Other$46825%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,924

Downpayment

20%

$60,880

Closing costs

1%

$3,044

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,871

Total Expenses

$2,619

Mortgage P&I

82%

$1,533

Property Taxes

4%

$77

Home Insurance

6%

$110

HOA

0%

$0

Property Management

15%

$281

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$468

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