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$2,734 (target)

656 Barton Mill Cutoff Rd, Corbin, KY 40701

3 beds • 2 baths • 1604 sqft

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This property could be a profitable Mid-Term investment with a projected 14.64% first-year return on $57,879 initial cash invested.

14.64%

Cash On Cash

11.48%

Cap Rate

1.81

DSCR

$2,734

Rent

$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,734 income − $2,028 expenses = $706 cash flow

Income$2,734Mortgage P&I$1,00137%Property Taxes$321%Insurance$662%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%Cash Flow$706

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,734

Total Expenses

$2,028

Mortgage P&I

37%

$1,001

Property Taxes

1%

$32

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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