REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4 Okeechobee Dr, Johnson City, TN 37604

3 beds • 2 baths • 1948 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.8% first-year return on $75,831 initial cash invested.

-8.8%

Cash On Cash

4.29%

Cap Rate

0.74

DSCR

$2,070

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,831

Downpayment

20%

$72,220

Closing costs

1%

$3,611

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,626

Mortgage P&I

84%

$1,744

Property Taxes

10%

$212

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1023 Justus Dr, Johnson City, TN 37604

$2,200

3

2

2048

1 mi

2370 Textile St, Johnson City, TN 37604

$2,000

3

2

2076

1 mi

2912 Antioch Rd, Johnson City, TN 37604

$2,400

3

2

1796

0.9 mi

419 W Pine St, Johnson City, TN 37604

$2,100

3

2

1815

2.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis