REI Lense

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$2,720 (target)

179 Bright Leaf Dr, Lancaster, KY 40444

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Mid-Term investment with a projected -1.5% first-year return on $87,258 initial cash invested.

-1.5%

Cash On Cash

5.93%

Cap Rate

1

DSCR

$2,720

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,720 income − $2,829 expenses = $109 out of pocket

Income$2,720Out of Pocket$109Mortgage P&I$1,63060%Property Taxes$1556%Insurance$1194%Management$32612%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,258

Downpayment

20%

$65,960

Closing costs

1%

$3,298

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,720

Total Expenses

$2,829

Mortgage P&I

60%

$1,630

Property Taxes

6%

$155

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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