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10 Verbena Dr, Corbin, KY 40701

3 beds • 2 baths • 2150 sqft

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This property looks like a bad Airbnb investment with a projected -8.76% first-year return on $69,597 initial cash invested.

-8.76%

Cash On Cash

3.93%

Cap Rate

0.65

DSCR

$1,816

Rent

-$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,816 income − $2,324 expenses = $508 out of pocket

Income$1,816Out of Pocket$508Mortgage P&I$1,23968%Property Taxes$1197%Insurance$945%Management$27215%CapEx$734%Maintenance$734%Other$45425%

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

$1,816

Total Expenses

$2,324

Mortgage P&I

68%

$1,239

Property Taxes

7%

$119

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$272

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$454

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