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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 -7.98% first-year return on $69,597 initial cash invested.

-7.98%

Cash On Cash

4.16%

Cap Rate

0.69

DSCR

$1,902

Rent

-$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $2,365 expenses = $463 out of pocket

Income$1,902Out of Pocket$463Mortgage P&I$1,23965%Property Taxes$1196%Insurance$945%Management$28515%CapEx$764%Maintenance$764%Other$47625%

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

$1,902

Total Expenses

$2,365

Mortgage P&I

65%

$1,239

Property Taxes

6%

$119

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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