REI Lense

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$2,026 (target)

103 Clay Dr, Richmond, KY 40475

3 beds • 2 baths • 1361 sqft

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This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $56,724 initial cash invested.

4.59%

Cash On Cash

8.36%

Cap Rate

1.3

DSCR

$2,026

Rent

$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,026 income − $1,809 expenses = $217 cash flow

Income$2,026Mortgage P&I$98649%Property Taxes$683%Insurance$663%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22311%Cash Flow$217

Investment Breakdown

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Purchase Price

$184k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,724

Downpayment

20%

$36,880

Closing costs

1%

$1,844

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,026

Total Expenses

$1,809

Mortgage P&I

49%

$986

Property Taxes

3%

$68

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$223

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