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916 Mimosa Dr, Kingsport, TN 37660

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Airbnb investment with a projected -13.01% first-year return on $67,329 initial cash invested.

-13.01%

Cash On Cash

2.85%

Cap Rate

0.45

DSCR

$1,395

Rent

-$730

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,395 income − $2,125 expenses = $730 out of pocket

Income$1,395Out of Pocket$730Mortgage P&I$1,23188%Property Taxes$14210%Insurance$826%Management$20915%CapEx$564%Maintenance$564%Other$34925%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,395

Total Expenses

$2,125

Mortgage P&I

88%

$1,231

Property Taxes

10%

$142

Home Insurance

6%

$82

HOA

0%

$0

Property Management

15%

$209

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$349

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