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$2,583 (target)

706 Hiwassee Hill Dr, Johnson City, TN 37601

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $77,430 initial cash invested.

0.34%

Cash On Cash

6.53%

Cap Rate

1.09

DSCR

$2,583

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,583 income − $2,561 expenses = $22 cash flow

Income$2,583Mortgage P&I$1,41555%Property Taxes$1556%Insurance$1144%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$22

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,430

Downpayment

20%

$56,600

Closing costs

1%

$2,830

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,583

Total Expenses

$2,561

Mortgage P&I

55%

$1,415

Property Taxes

6%

$155

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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