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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 -3.63% first-year return on $64,536 initial cash invested.

-3.63%

Cash On Cash

5.99%

Cap Rate

0.92

DSCR

$2,316

Rent

-$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,316 income − $2,511 expenses = $195 out of pocket

Income$2,316Out of Pocket$195Mortgage P&I$1,20952%Property Taxes$1115%Insurance$793%Management$34715%CapEx$934%Maintenance$934%Other$57925%

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

$2,316

Total Expenses

$2,511

Mortgage P&I

52%

$1,209

Property Taxes

5%

$111

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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