REI Lense

REI Lense

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$1,187 (target)

101 Herron Dr, Lancaster, KY 40444

3 beds • 2 baths • 1944 sqft

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This property looks like a bad Long-Term investment with a projected -5.4% first-year return on $37,086 initial cash invested.

-5.4%

Cash On Cash

5.57%

Cap Rate

0.88

DSCR

$1,187

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,187 income − $1,354 expenses = $167 out of pocket

Income$1,187Out of Pocket$167Mortgage P&I$92878%Property Taxes$363%Insurance$827%Management$11910%CapEx$595%Vacancy$716%Maintenance$595%

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,086

Downpayment

20%

$35,320

Closing costs

1%

$1,766

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,187

Total Expenses

$1,354

Mortgage P&I

78%

$928

Property Taxes

3%

$36

Home Insurance

7%

$82

HOA

0%

$0

Property Management

10%

$119

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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