REI Lense

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$3,640 (target)

4235 Skyland Ln, Kingsport, TN 37664

3 beds • 4 baths • 3215 sqft

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This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $98,199 initial cash invested.

1.27%

Cash On Cash

6.93%

Cap Rate

1.13

DSCR

$3,640

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,640 income − $3,536 expenses = $104 cash flow

Income$3,640Mortgage P&I$1,95654%Property Taxes$2026%Insurance$1404%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$104

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,199

Downpayment

20%

$76,380

Closing costs

1%

$3,819

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,640

Total Expenses

$3,536

Mortgage P&I

54%

$1,956

Property Taxes

6%

$202

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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