REI Lense

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$4,221 (target)

2101 Charleston Way, Shelbyville, KY 40065

3 beds • 3 baths • 2510 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $107k initial cash invested.

0.16%

Cash On Cash

6.89%

Cap Rate

1.08

DSCR

$4,221

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,221 income − $4,207 expenses = $14 cash flow

Income$4,221Mortgage P&I$2,23653%Property Taxes$3759%Insurance$1524%HOA$8Management$50712%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46411%Cash Flow$14

Investment Breakdown

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Purchase Price

$422k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,300

Closing costs

1%

$4,215

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,221

Total Expenses

$4,207

Mortgage P&I

53%

$2,236

Property Taxes

9%

$375

Home Insurance

4%

$152

HOA

0%

$8

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$464

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