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$3,063 (target)

937 Dripping Springs Rd, Glasgow, KY 42141

3 beds • 2 baths • 2306 sqft

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This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $78,879 initial cash invested.

5.19%

Cash On Cash

7.99%

Cap Rate

1.32

DSCR

$3,063

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,063 income − $2,722 expenses = $341 cash flow

Income$3,063Mortgage P&I$1,46648%Property Taxes$1114%Insurance$1023%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%Cash Flow$341

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,063

Total Expenses

$2,722

Mortgage P&I

48%

$1,466

Property Taxes

4%

$111

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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