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$3,462 (target)

2502 Holly Ln, La Grange, KY 40031

3 beds • 2 baths • 1870 sqft

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This property looks like a bad Mid-Term investment with a projected -1.95% first-year return on $107k initial cash invested.

-1.95%

Cash On Cash

5.89%

Cap Rate

0.98

DSCR

$3,462

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,462 income − $3,636 expenses = $174 out of pocket

Income$3,462Out of Pocket$174Mortgage P&I$2,12361%Property Taxes$1885%Insurance$1494%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$3,636

Mortgage P&I

61%

$2,123

Property Taxes

5%

$188

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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