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$2,788 (target)

660 Oaklawn Cir, Corbin, KY 40701

3 beds • 2 baths • 1416 sqft

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This property could be a profitable Mid-Term investment with a projected 17.78% first-year return on $55,758 initial cash invested.

17.78%

Cash On Cash

12.59%

Cap Rate

1.99

DSCR

$2,788

Rent

$826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,788 income − $1,962 expenses = $826 cash flow

Income$2,788Mortgage P&I$94834%Property Taxes$13Insurance$512%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$826

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,758

Downpayment

20%

$35,960

Closing costs

1%

$1,798

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,788

Total Expenses

$1,962

Mortgage P&I

34%

$948

Property Taxes

0%

$13

Home Insurance

2%

$51

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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