REI Lense

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$4,123 (target)

1021 Saint Martins Ave, Lexington, KY 40511

3 beds • 2 baths • 1850 sqft

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This property might be a fair Long-Term investment with a projected 9.43% first-year return on $84,735 initial cash invested.

9.43%

Cash On Cash

9.14%

Cap Rate

1.4

DSCR

$4,123

Rent

$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,123 income − $3,457 expenses = $666 cash flow

Income$4,123Mortgage P&I$2,20253%Property Taxes$1053%Insurance$792%Management$41210%CapEx$2065%Vacancy$2476%Maintenance$2065%Cash Flow$666

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,735

Downpayment

20%

$80,700

Closing costs

1%

$4,035

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,123

Total Expenses

$3,457

Mortgage P&I

53%

$2,202

Property Taxes

3%

$105

Home Insurance

2%

$79

HOA

0%

$0

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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