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$2,852 (target)

5840 Cumberland Falls Hwy, Corbin, KY 40701

3 beds • 3 baths • 2696 sqft

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This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $102k initial cash invested.

-4.4%

Cash On Cash

5.34%

Cap Rate

0.87

DSCR

$2,852

Rent

-$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $3,226 expenses = $374 out of pocket

Income$2,852Out of Pocket$374Mortgage P&I$2,04072%Property Taxes$763%Insurance$1405%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$3,226

Mortgage P&I

72%

$2,040

Property Taxes

3%

$76

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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