REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,482 (target)

1314 Kit Cowan Rd, Somerset, KY 42501

3 beds • 2 baths • 2344 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.03% first-year return on $69,783 initial cash invested.

-15.03%

Cash On Cash

3.11%

Cap Rate

0.52

DSCR

$1,482

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,482 income − $2,356 expenses = $874 out of pocket

Income$1,482Out of Pocket$874Mortgage P&I$1,660112%Property Taxes$18913%Insurance$1228%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,482

Total Expenses

$2,356

Mortgage P&I

112%

$1,660

Property Taxes

13%

$189

Home Insurance

8%

$122

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis