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$1,979 (target)

302 Woodland Lakes Dr, La Grange, KY 40031

3 beds • 3 baths • 1768 sqft

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This property looks like a bad Long-Term investment with a projected -8.49% first-year return on $68,145 initial cash invested.

-8.49%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$1,979

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,979 income − $2,461 expenses = $482 out of pocket

Income$1,979Out of Pocket$482Mortgage P&I$1,62182%Property Taxes$20110%Insurance$1166%HOA$8Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,145

Downpayment

20%

$64,900

Closing costs

1%

$3,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,979

Total Expenses

$2,461

Mortgage P&I

82%

$1,621

Property Taxes

10%

$201

Home Insurance

6%

$116

HOA

0%

$8

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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