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326 Oak Haven Dr, Kingsport, TN 37664

3 beds • 2 baths • 1587 sqft

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This property looks like a bad Airbnb investment with a projected -8.42% first-year return on $80,265 initial cash invested.

-8.42%

Cash On Cash

4.09%

Cap Rate

0.68

DSCR

$2,335

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,335 income − $2,898 expenses = $563 out of pocket

Income$2,335Out of Pocket$563Mortgage P&I$1,48063%Property Taxes$1908%Insurance$1085%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,265

Downpayment

20%

$59,300

Closing costs

1%

$2,965

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,335

Total Expenses

$2,898

Mortgage P&I

63%

$1,480

Property Taxes

8%

$190

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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