REI Lense

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$2,498 (target)

244 Dunbar St, Kingsport, TN 37660

3 beds • 2 baths • 1584 sqft

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This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $72,579 initial cash invested.

0.25%

Cash On Cash

6.9%

Cap Rate

1.08

DSCR

$2,498

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $2,483 expenses = $15 cash flow

Income$2,498Mortgage P&I$1,37955%Property Taxes$1637%Insurance$914%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$15

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$2,483

Mortgage P&I

55%

$1,379

Property Taxes

7%

$163

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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