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3988 Memorial Blvd, Kingsport, TN 37664

3 beds • 1 baths • 1008 sqft

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This property could be a profitable Long-Term investment with a projected 12.57% first-year return on $27,300 initial cash invested.

12.57%

Cash On Cash

9.06%

Cap Rate

1.57

DSCR

$1,450

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,164

Mortgage P&I

43%

$623

Property Taxes

8%

$119

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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Comparable Property

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SQFT

Distance

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$2,850

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