REI Lense

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$1,859 (target)

660 Oaklawn Cir, Corbin, KY 40701

3 beds • 2 baths • 1416 sqft

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This property could be a profitable Long-Term investment with a projected 11.54% first-year return on $37,758 initial cash invested.

11.54%

Cash On Cash

9.37%

Cap Rate

1.48

DSCR

$1,859

Rent

$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,859 income − $1,496 expenses = $363 cash flow

Income$1,859Mortgage P&I$94851%Property Taxes$131%Insurance$513%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%Cash Flow$363

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,758

Downpayment

20%

$35,960

Closing costs

1%

$1,798

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,859

Total Expenses

$1,496

Mortgage P&I

51%

$948

Property Taxes

1%

$13

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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