REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,598 (target)

1816 Hutchinson Dr, Kingsport, TN 37660

3 beds • 3 baths • 2212 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.1% first-year return on $63,924 initial cash invested.

-10.1%

Cash On Cash

4.24%

Cap Rate

0.7

DSCR

$1,598

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,598 income − $2,136 expenses = $538 out of pocket

Income$1,598Out of Pocket$538Mortgage P&I$1,53396%Property Taxes$775%Insurance$1107%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,924

Downpayment

20%

$60,880

Closing costs

1%

$3,044

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,598

Total Expenses

$2,136

Mortgage P&I

96%

$1,533

Property Taxes

5%

$77

Home Insurance

7%

$110

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis