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577 Pitt Rd, Kingsport, TN 37663

4 beds • 2 baths • 2178 sqft

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This property looks like a bad Airbnb investment with a projected -9% first-year return on $119k initial cash invested.

-9%

Cash On Cash

3.83%

Cap Rate

0.65

DSCR

$3,166

Rent

-$895

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$90,820

Closing costs

1%

$4,541

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,166

Total Expenses

$4,061

Mortgage P&I

70%

$2,219

Property Taxes

5%

$155

Home Insurance

5%

$166

HOA

0%

$0

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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