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3149 Winesap Rd, Kingsport, TN 37663

3 beds • 3 baths • 2028 sqft

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This property looks like a bad Airbnb investment with a projected -8.17% first-year return on $84,192 initial cash invested.

-8.17%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$2,314

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $2,887 expenses = $573 out of pocket

Income$2,314Out of Pocket$573Mortgage P&I$1,54967%Property Taxes$964%Insurance$1316%Management$34715%CapEx$934%Maintenance$934%Other$57825%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,192

Downpayment

20%

$63,040

Closing costs

1%

$3,152

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$2,887

Mortgage P&I

67%

$1,549

Property Taxes

4%

$96

Home Insurance

6%

$131

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$578

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