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$2,944 (target)

211 Fairlane Dr, Mayfield, KY 42066

3 beds • 2 baths • 1927 sqft

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This property could be a profitable Mid-Term investment with a projected 13.22% first-year return on $62,457 initial cash invested.

13.22%

Cash On Cash

10.96%

Cap Rate

1.72

DSCR

$2,944

Rent

$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $2,256 expenses = $688 cash flow

Income$2,944Mortgage P&I$1,12738%Property Taxes$482%Insurance$803%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$688

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,457

Downpayment

20%

$42,340

Closing costs

1%

$2,117

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$2,256

Mortgage P&I

38%

$1,127

Property Taxes

2%

$48

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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