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859 Holly Grove Rd, Corbin, KY 40701

3 beds • 2 baths • 1106 sqft

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This property looks like a bad Airbnb investment with a projected -7.79% first-year return on $64,536 initial cash invested.

-7.79%

Cash On Cash

4.68%

Cap Rate

0.72

DSCR

$1,884

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,884 income − $2,303 expenses = $419 out of pocket

Income$1,884Out of Pocket$419Mortgage P&I$1,20964%Property Taxes$1116%Insurance$794%Management$28315%CapEx$754%Maintenance$754%Other$47125%

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,536

Downpayment

20%

$44,320

Closing costs

1%

$2,216

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,884

Total Expenses

$2,303

Mortgage P&I

64%

$1,209

Property Taxes

6%

$111

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$283

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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