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$3,393 (target)

22 Salisbury St, Madisonville, KY 42431

3 beds • 2 baths • 2055 sqft

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This property might be a fair Mid-Term investment with a projected 8.75% first-year return on $76,086 initial cash invested.

8.75%

Cash On Cash

9.34%

Cap Rate

1.47

DSCR

$3,393

Rent

$555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $2,838 expenses = $555 cash flow

Income$3,393Mortgage P&I$1,46343%Property Taxes$1163%Insurance$1053%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%Cash Flow$555

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,086

Downpayment

20%

$55,320

Closing costs

1%

$2,766

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$2,838

Mortgage P&I

43%

$1,463

Property Taxes

3%

$116

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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