REI Lense

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$2,205 (target)

2340 Otter Lake Loop, Hanson, KY 42413

3 beds • 3 baths • 1910 sqft

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This property might be a fair Long-Term investment with a projected 1.6% first-year return on $52,500 initial cash invested.

1.6%

Cash On Cash

7.17%

Cap Rate

1.14

DSCR

$2,205

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,205 income − $2,135 expenses = $70 cash flow

Income$2,205Mortgage P&I$1,31460%Property Taxes$1617%Insurance$884%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$70

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,205

Total Expenses

$2,135

Mortgage P&I

60%

$1,314

Property Taxes

7%

$161

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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