REI Lense

REI Lense

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$1,891 (target)

3500 Bloomingdale Rd, Kingsport, TN 37660

3 beds • 2 baths • 1410 sqft

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This property might be a fair Long-Term investment with a projected 0.66% first-year return on $47,481 initial cash invested.

0.66%

Cash On Cash

7.18%

Cap Rate

1.1

DSCR

$1,891

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,891 income − $1,865 expenses = $26 cash flow

Income$1,891Mortgage P&I$1,23165%Property Taxes$623%Insurance$804%Management$18910%CapEx$955%Vacancy$1136%Maintenance$955%Cash Flow$26

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,481

Downpayment

20%

$45,220

Closing costs

1%

$2,261

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,891

Total Expenses

$1,865

Mortgage P&I

65%

$1,231

Property Taxes

3%

$62

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$113

Maintenance

5%

$95

Other

0%

$0

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