REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,552 (target)

3047 Sunset Dr, Corbin, KY 40701

3 beds • 3 baths • 2800 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.89% first-year return on $84,612 initial cash invested.

6.89%

Cash On Cash

8.38%

Cap Rate

1.4

DSCR

$3,552

Rent

$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,552 income − $3,066 expenses = $486 cash flow

Income$3,552Mortgage P&I$1,58745%Property Taxes$1554%Insurance$1163%Management$42612%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%Cash Flow$486

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,612

Downpayment

20%

$63,440

Closing costs

1%

$3,172

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,552

Total Expenses

$3,066

Mortgage P&I

45%

$1,587

Property Taxes

4%

$155

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis