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3937 Ridgeline Dr, Kingsport, TN 37664

3 beds • 3 baths • 2320 sqft

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This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $81,273 initial cash invested.

5.02%

Cash On Cash

7.73%

Cap Rate

1.32

DSCR

$3,183

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,273

Downpayment

20%

$60,260

Closing costs

1%

$3,013

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$2,843

Mortgage P&I

46%

$1,474

Property Taxes

6%

$180

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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