3539 Netherland Inn Rd Kingsport, Tennessee, 37660-7270
2 bed • 1.5 bath • 6 guests
Est. $600/mo

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$116,700
Zestimate
$22,791
Annual Revenue
This property is projected to be in the top 55% revenue percentile compared to similar properties nearby.
Projected nightly rate is $120/night at 47% occupancy.Projected nightly rate is $96/night at 65% occupancy.
Top 51% of comparables
Top 41% of comparables
Seasonality
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-$2,284
Profit
Revenue
$22,791
Operating Expenses
$16,643
Operating Income
$6,148
Mortgage & Taxes
$8,432
Profit (Cash Flow)
-$2,284
$35,125
Cash Investment
Down Payment
$25,000
Renos & Furnishing
$6,375
Closing Costs
$3,750
Total
$35,125
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-6.5%
Cap Rate
4.91%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$5,933
Deductible property tax
$1,237
Your total deduction
$18,081
Your adjusted annual income
$150,000 - $18,081 = $131,919
Taxes on $131,919 (30%)
$39,576
Your old tax bill
$45,000
Your new tax bill
$39,576
Estimated tax savings
$5,424
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
1983
Size:
1,728 sqft
Type:
CONDO
Parking:
-
Heating:
YES
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
3539 Netherland Inn Rd | - | 2 | 1,818 | - | 0 | 1983 | $145,000 | - |
112 Scotland Rd | - | 2 | 1,297 | - | 0 | 1982 | $162,000 | - |
112 Scotland Rd | - | - | 0 | - | 0 | - | $226,000 | - |
Property Details
- MLS Status: N/A
- Property Use: Condominium
- Stories: 2
- Lot size: -
- Building area: 1,728 sqft
- Garage: No
- Heating: Yes
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-3
- Land Use: Residential
- Parcel Number: 037022M D 03400 012
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2022
- Assessed Value: $22,425
- County Est. Land Value: $15,000
- Assessed Land Value: $3,750
- County Est. Structure Value: $74,700
Market Estimate: $168,969
Ownership
- Name: Byrd James H Unit 12
- Owner Occupied: No
- Owner Mailing Address: 3539 Netherland Inn Rd, Kingsport, Tn 37660
- Years Owned: 284
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Individual
- Lien: N/A
- Inherited: N/A
- Foreclosure: No