REI Lense

REI Lense

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$2,024 (target)

1224 Whitson School Rd, LONDON, KY 40741

3 beds • 3 baths • 1904 sqft

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This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $129k initial cash invested.

-16.01%

Cash On Cash

2.69%

Cap Rate

0.46

DSCR

$2,024

Rent

-$1,723

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$123k

Closing costs

1%

$6,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,024

Total Expenses

$3,747

Mortgage P&I

148%

$2,998

Property Taxes

0%

$9

Home Insurance

11%

$215

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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