REI Lense

REI Lense

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$1,953 (target)

238 E 4th St, Lexington, KY 40508

3 beds • 2 baths • 1663 sqft

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This property looks like a bad Long-Term investment with a projected -11.04% first-year return on $65,352 initial cash invested.

-11.04%

Cash On Cash

4.41%

Cap Rate

0.69

DSCR

$1,953

Rent

-$601

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $2,554 expenses = $601 out of pocket

Income$1,953Out of Pocket$601Mortgage P&I$1,64684%Property Taxes$28815%Insurance$1126%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,953

Total Expenses

$2,554

Mortgage P&I

84%

$1,646

Property Taxes

15%

$288

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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