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$2,808 (target)

381 Bullock Cemetery Rd, Somerset, KY 42503

3 beds • 2 baths • 2265 sqft

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This property looks like a bad Mid-Term investment with a projected -6.01% first-year return on $102k initial cash invested.

-6.01%

Cash On Cash

5.15%

Cap Rate

0.81

DSCR

$2,808

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,808 income − $3,319 expenses = $511 out of pocket

Income$2,808Out of Pocket$511Mortgage P&I$2,11575%Property Taxes$1104%Insurance$1405%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$3,319

Mortgage P&I

75%

$2,115

Property Taxes

4%

$110

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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