REI Lense

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$1,955 (target)

110 Shady Ln, Lexington, KY 40503

3 beds • 2 baths • 1544 sqft

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This property looks like a bad Long-Term investment with a projected -15.91% first-year return on $88,683 initial cash invested.

-15.91%

Cash On Cash

3.01%

Cap Rate

0.5

DSCR

$1,955

Rent

-$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,955 income − $3,131 expenses = $1,176 out of pocket

Income$1,955Out of Pocket$1,176Mortgage P&I$2,137109%Property Taxes$32817%Insurance$1578%Management$19610%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,683

Downpayment

20%

$84,460

Closing costs

1%

$4,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,955

Total Expenses

$3,131

Mortgage P&I

109%

$2,137

Property Taxes

17%

$328

Home Insurance

8%

$157

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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