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$1,823 (target)

656 Barton Mill Cutoff Rd, Corbin, KY 40701

3 beds • 2 baths • 1604 sqft

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This property might be a fair Long-Term investment with a projected 7.55% first-year return on $39,879 initial cash invested.

7.55%

Cash On Cash

8.49%

Cap Rate

1.34

DSCR

$1,823

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,823 income − $1,572 expenses = $251 cash flow

Income$1,823Mortgage P&I$1,00155%Property Taxes$322%Insurance$664%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$251

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,823

Total Expenses

$1,572

Mortgage P&I

55%

$1,001

Property Taxes

2%

$32

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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