REI Lense

REI Lense

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$1,501 (target)

215 Lynn Dr, Lawrenceburg, KY 40342

3 beds • 2 baths • 1495 sqft

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This property looks like a bad Long-Term investment with a projected -3.27% first-year return on $43,638 initial cash invested.

-3.27%

Cash On Cash

6.04%

Cap Rate

0.96

DSCR

$1,501

Rent

-$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,501 income − $1,620 expenses = $119 out of pocket

Income$1,501Out of Pocket$119Mortgage P&I$1,09073%Property Taxes$654%Insurance$755%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,638

Downpayment

20%

$41,560

Closing costs

1%

$2,078

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,501

Total Expenses

$1,620

Mortgage P&I

73%

$1,090

Property Taxes

4%

$65

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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