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2424 Overlook Rd, Kingsport, TN 37664

3 beds • 2 baths • 1245 sqft

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This property looks like a bad Airbnb investment with a projected -7.24% first-year return on $69,450 initial cash invested.

-7.24%

Cash On Cash

4.61%

Cap Rate

0.74

DSCR

$1,999

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,999 income − $2,418 expenses = $419 out of pocket

Income$1,999Out of Pocket$419Mortgage P&I$1,28064%Property Taxes$925%Insurance$864%Management$30015%CapEx$804%Maintenance$804%Other$50025%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,999

Total Expenses

$2,418

Mortgage P&I

64%

$1,280

Property Taxes

5%

$92

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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