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428 Allen Dr, Kingsport, TN 37660

4 beds • 2 baths • 2268 sqft

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This property looks like a bad Airbnb investment with a projected -2.84% first-year return on $75,660 initial cash invested.

-2.84%

Cash On Cash

5.52%

Cap Rate

0.93

DSCR

$2,499

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,660

Downpayment

20%

$49,200

Closing costs

1%

$2,460

Rehab

0%

$0

Furnishing

10%

$24,000

Cashflow

Total Income

$2,499

Total Expenses

$2,678

Mortgage P&I

48%

$1,211

Property Taxes

7%

$176

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$625

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Deck & Mtn Views: 'Fain Chalet' in Kingsport

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0.34 mi

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$1,258

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1.87 mi

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3

2

1.54 mi

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$1,830

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3

2

1.58 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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