REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,223 (target)

1314 Kit Cowan Rd, Somerset, KY 42501

3 beds • 2 baths • 2344 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.9% first-year return on $87,783 initial cash invested.

-6.9%

Cash On Cash

4.49%

Cap Rate

0.75

DSCR

$2,223

Rent

-$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,223 income − $2,728 expenses = $505 out of pocket

Income$2,223Out of Pocket$505Mortgage P&I$1,66075%Property Taxes$1899%Insurance$1225%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,223

Total Expenses

$2,728

Mortgage P&I

75%

$1,660

Property Taxes

9%

$189

Home Insurance

5%

$122

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis