REI Lense

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$2,255 (target)

4417 Matilda Pl, Kingsport, TN 37664

3 beds • 3 baths • 1956 sqft

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This property might be a fair Long-Term investment with a projected 3.11% first-year return on $52,500 initial cash invested.

3.11%

Cash On Cash

7.44%

Cap Rate

1.19

DSCR

$2,255

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,255 income − $2,119 expenses = $136 cash flow

Income$2,255Mortgage P&I$1,30258%Property Taxes$1426%Insurance$884%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%Cash Flow$136

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,255

Total Expenses

$2,119

Mortgage P&I

58%

$1,302

Property Taxes

6%

$142

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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