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305 Hamlin St, Corbin, KY 40701

3 beds • 1 baths • 1543 sqft

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This property could be a profitable Mid-Term investment with a projected 22.75% first-year return on $37,446 initial cash invested.

22.75%

Cash On Cash

16.13%

Cap Rate

2.7

DSCR

$1,851

Rent

$710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$92,600

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,446

Downpayment

20%

$18,520

Closing costs

1%

$926

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$1,851

Total Expenses

$1,141

Mortgage P&I

25%

$461

Property Taxes

1%

$18

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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