REI Lense

REI Lense

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$1,348 (target)

226 Dockview Rd, Monticello, KY 42633

3 beds • 2 baths • 1302 sqft

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This property looks like a bad Long-Term investment with a projected -12.31% first-year return on $55,566 initial cash invested.

-12.31%

Cash On Cash

3.71%

Cap Rate

0.62

DSCR

$1,348

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,348 income − $1,918 expenses = $570 out of pocket

Income$1,348Out of Pocket$570Mortgage P&I$1,32298%Property Taxes$15011%Insurance$967%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,348

Total Expenses

$1,918

Mortgage P&I

98%

$1,322

Property Taxes

11%

$150

Home Insurance

7%

$96

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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