REI Lense

REI Lense

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$1,460 (target)

244 Walnut St, Monticello, KY 42633

3 beds • 2 baths • 1492 sqft

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This property might be a fair Long-Term investment with a projected 0.67% first-year return on $37,779 initial cash invested.

0.67%

Cash On Cash

7%

Cap Rate

1.1

DSCR

$1,460

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,460 income − $1,439 expenses = $21 cash flow

Income$1,460Mortgage P&I$95665%Property Taxes$403%Insurance$634%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$21

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,460

Total Expenses

$1,439

Mortgage P&I

65%

$956

Property Taxes

3%

$40

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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