REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,444 (target)

2954 Southbridge Rd, Kingsport, TN 37664

3 beds • 2 baths • 1830 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3% first-year return on $105k initial cash invested.

-3%

Cash On Cash

5.81%

Cap Rate

0.94

DSCR

$3,444

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,444 income − $3,707 expenses = $263 out of pocket

Income$3,444Out of Pocket$263Mortgage P&I$2,13762%Property Taxes$2507%Insurance$1494%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,080

Closing costs

1%

$4,154

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,444

Total Expenses

$3,707

Mortgage P&I

62%

$2,137

Property Taxes

7%

$250

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis