REI Lense

REI Lense

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Target property

1605 Lexington Ave, Ashland, KY 41101

3 beds • 4 baths • 2070 sqft

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This property looks like a bad Airbnb investment with a projected -24.5% first-year return on $81,882 initial cash invested.

-24.5%

Cash On Cash

-0.8%

Cap Rate

-0.14

DSCR

$0

Rent

-$1,672

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,882

Downpayment

20%

$60,840

Closing costs

1%

$3,042

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,672

Mortgage P&I

14690000%

$1,469

Property Taxes

950000%

$95

Home Insurance

1080000%

$108

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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