REI Lense

REI Lense

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$2,930 (target)

2020 N Kentucky Derby Dr, Palmer, AK 99645

3 beds • 3 baths • 1820 sqft

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This property looks like a bad Long-Term investment with a projected -7.37% first-year return on $94,227 initial cash invested.

-7.37%

Cash On Cash

4.92%

Cap Rate

0.81

DSCR

$2,930

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $3,509 expenses = $579 out of pocket

Income$2,930Out of Pocket$579Mortgage P&I$2,27378%Property Taxes$33011%Insurance$1455%Management$29310%CapEx$1465%Vacancy$1766%Maintenance$1465%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,227

Downpayment

20%

$89,740

Closing costs

1%

$4,487

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,930

Total Expenses

$3,509

Mortgage P&I

78%

$2,273

Property Taxes

11%

$330

Home Insurance

5%

$145

HOA

0%

$0

Property Management

10%

$293

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

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