REI Lense

REI Lense

Unlock all features! Tap here to upgrade

877 Mill Creek Rd, Kingsport, TN 37664

3 beds • 5 baths • 3643 sqft

$1,277,300

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -27.09% first-year return on $286k initial cash invested.

-27.09%

Cash On Cash

0.34%

Cap Rate

0.05

DSCR

$2,025

Rent

-$6,461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,025 income − $8,486 expenses = $6,461 out of pocket

Income$2,025Out of Pocket$6,461Mortgage P&I$6,743333%Property Taxes$29014%Insurance$48124%Management$30415%CapEx$814%Maintenance$814%Other$50625%

Investment Breakdown

|

Purchase Price

$1277k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$255k

Closing costs

1%

$12,773

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,025

Total Expenses

$8,486

Mortgage P&I

333%

$6,743

Property Taxes

14%

$290

Home Insurance

24%

$481

HOA

0%

$0

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$506

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis