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610 Ridgeview Dr, Johnson City, TN 37604

3 beds • 3 baths • 2024 sqft

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This property might be a fair Mid-Term investment with a projected 4.91% first-year return on $92,151 initial cash invested.

4.91%

Cash On Cash

7.65%

Cap Rate

1.3

DSCR

$3,674

Rent

$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,151

Downpayment

20%

$70,620

Closing costs

1%

$3,531

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,674

Total Expenses

$3,297

Mortgage P&I

47%

$1,727

Property Taxes

5%

$192

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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