REI Lense

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$3,092 (target)

10604 Melchester Pl, Louisville, KY 40241

3 beds • 2 baths • 1621 sqft

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This property looks like a bad Mid-Term investment with a projected -0.3% first-year return on $88,161 initial cash invested.

-0.3%

Cash On Cash

6.46%

Cap Rate

1.06

DSCR

$3,092

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,092 income − $3,114 expenses = $22 out of pocket

Income$3,092Out of Pocket$22Mortgage P&I$1,69655%Property Taxes$2077%Insurance$1194%HOA$401%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,161

Downpayment

20%

$66,820

Closing costs

1%

$3,341

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,092

Total Expenses

$3,114

Mortgage P&I

55%

$1,696

Property Taxes

7%

$207

Home Insurance

4%

$119

HOA

1%

$40

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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