REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,262 (target)

1153 Old Mount Vernon Rd, Somerset, KY 42503

3 beds • 2 baths • 1988 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.73% first-year return on $95,847 initial cash invested.

-8.73%

Cash On Cash

4%

Cap Rate

0.67

DSCR

$2,262

Rent

-$697

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,262 income − $2,959 expenses = $697 out of pocket

Income$2,262Out of Pocket$697Mortgage P&I$1,84482%Property Taxes$2119%Insurance$1366%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24911%

Investment Breakdown

|

Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,847

Downpayment

20%

$74,140

Closing costs

1%

$3,707

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,262

Total Expenses

$2,959

Mortgage P&I

82%

$1,844

Property Taxes

9%

$211

Home Insurance

6%

$136

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$249

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis