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$3,015 (target)

701 Pine Ridge Rd, Johnson City, TN 37601

3 beds • 2 baths • 1558 sqft

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This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $82,470 initial cash invested.

1.02%

Cash On Cash

7.13%

Cap Rate

1.12

DSCR

$3,015

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,015 income − $2,945 expenses = $70 cash flow

Income$3,015Mortgage P&I$1,63454%Property Taxes$1786%Insurance$1074%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%Cash Flow$70

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,470

Downpayment

20%

$61,400

Closing costs

1%

$3,070

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,015

Total Expenses

$2,945

Mortgage P&I

54%

$1,634

Property Taxes

6%

$178

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

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