REI Lense

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$1,647 (target)

3022 Jacob Dr, Danville, KY 40422

3 beds • 2 baths • 1564 sqft

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This property looks like a bad Mid-Term investment with a projected -8.5% first-year return on $80,895 initial cash invested.

-8.5%

Cash On Cash

4.12%

Cap Rate

0.67

DSCR

$1,647

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,647 income − $2,220 expenses = $573 out of pocket

Income$1,647Out of Pocket$573Mortgage P&I$1,53693%Property Taxes$191%Insurance$1056%Management$19812%CapEx$664%Vacancy$493%Maintenance$664%Other$18111%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,647

Total Expenses

$2,220

Mortgage P&I

93%

$1,536

Property Taxes

1%

$19

Home Insurance

6%

$105

HOA

0%

$0

Property Management

12%

$198

CapEx

4%

$66

Vacancy

3%

$49

Maintenance

4%

$66

Other

11%

$181

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