REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,296 (target)

2954 Southbridge Rd, Kingsport, TN 37664

3 beds • 2 baths • 1830 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $87,234 initial cash invested.

-11.53%

Cash On Cash

4.08%

Cap Rate

0.66

DSCR

$2,296

Rent

-$838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $3,134 expenses = $838 out of pocket

Income$2,296Out of Pocket$838Mortgage P&I$2,13793%Property Taxes$25011%Insurance$1496%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,234

Downpayment

20%

$83,080

Closing costs

1%

$4,154

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,296

Total Expenses

$3,134

Mortgage P&I

93%

$2,137

Property Taxes

11%

$250

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis