REI Lense

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$1,638 (target)

216 Wedgewood Dr, Glasgow, KY 42141

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Long-Term investment with a projected -1.74% first-year return on $44,142 initial cash invested.

-1.74%

Cash On Cash

6.18%

Cap Rate

1.02

DSCR

$1,638

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,638 income − $1,702 expenses = $64 out of pocket

Income$1,638Out of Pocket$64Mortgage P&I$1,06565%Property Taxes$1288%Insurance$835%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,142

Downpayment

20%

$42,040

Closing costs

1%

$2,102

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,638

Total Expenses

$1,702

Mortgage P&I

65%

$1,065

Property Taxes

8%

$128

Home Insurance

5%

$83

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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