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538 Gravely Rd, Kingsport, TN 37660

3 beds • 3 baths • 2936 sqft

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This property looks like a bad Airbnb investment with a projected -11.02% first-year return on $104k initial cash invested.

-11.02%

Cash On Cash

3.41%

Cap Rate

0.58

DSCR

$2,549

Rent

-$956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,549

Total Expenses

$3,505

Mortgage P&I

79%

$2,019

Property Taxes

5%

$119

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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