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$2,222 (target)

424 Lucy Rd, Kingsport, TN 37660

3 beds • 2 baths • 1064 sqft

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This property could be a profitable Mid-Term investment with a projected 13.28% first-year return on $49,500 initial cash invested.

13.28%

Cash On Cash

11.65%

Cap Rate

1.78

DSCR

$2,222

Rent

$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,222 income − $1,674 expenses = $548 cash flow

Income$2,222Mortgage P&I$81937%Property Taxes$392%Insurance$603%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$548

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,222

Total Expenses

$1,674

Mortgage P&I

37%

$819

Property Taxes

2%

$39

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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