REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,694 (target)

10 Verbena Dr, Corbin, KY 40701

3 beds • 2 baths • 2150 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.62% first-year return on $69,597 initial cash invested.

5.62%

Cash On Cash

8.17%

Cap Rate

1.35

DSCR

$2,694

Rent

$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $2,368 expenses = $326 cash flow

Income$2,694Mortgage P&I$1,23946%Property Taxes$1194%Insurance$943%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$326

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,597

Downpayment

20%

$49,140

Closing costs

1%

$2,457

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$2,368

Mortgage P&I

46%

$1,239

Property Taxes

4%

$119

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis