REI Lense

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$1,722 (target)

706 Hiwassee Hill Dr, Johnson City, TN 37601

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -8.26% first-year return on $59,430 initial cash invested.

-8.26%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$1,722

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,722 income − $2,131 expenses = $409 out of pocket

Income$1,722Out of Pocket$409Mortgage P&I$1,41582%Property Taxes$1559%Insurance$1147%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,430

Downpayment

20%

$56,600

Closing costs

1%

$2,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,722

Total Expenses

$2,131

Mortgage P&I

82%

$1,415

Property Taxes

9%

$155

Home Insurance

7%

$114

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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