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$2,349 (target)

2309 Ashwood Ave, Kingsport, TN 37664

3 beds • 2 baths • 1148 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $72,054 initial cash invested.

0.57%

Cash On Cash

6.72%

Cap Rate

1.1

DSCR

$2,349

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,349 income − $2,315 expenses = $34 cash flow

Income$2,349Mortgage P&I$1,31456%Property Taxes$1105%Insurance$934%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$34

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,054

Downpayment

20%

$51,480

Closing costs

1%

$2,574

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,349

Total Expenses

$2,315

Mortgage P&I

56%

$1,314

Property Taxes

5%

$110

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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