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$2,703 (target)

615 Daviess St, Owensboro, KY 42303

3 beds • 2 baths • 2300 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $79,845 initial cash invested.

0.71%

Cash On Cash

6.98%

Cap Rate

1.1

DSCR

$2,703

Rent

$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $2,656 expenses = $47 cash flow

Income$2,703Mortgage P&I$1,55758%Property Taxes$763%Insurance$1054%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$47

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,845

Downpayment

20%

$58,900

Closing costs

1%

$2,945

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,703

Total Expenses

$2,656

Mortgage P&I

58%

$1,557

Property Taxes

3%

$76

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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