REI Lense

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$2,632 (target)

3070 Highway 151 Rd, Frankfort, KY 40601

3 beds • 2 baths • 1585 sqft

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This property looks like a bad Mid-Term investment with a projected -5.84% first-year return on $96,729 initial cash invested.

-5.84%

Cash On Cash

5.17%

Cap Rate

0.82

DSCR

$2,632

Rent

-$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,632 income − $3,103 expenses = $471 out of pocket

Income$2,632Out of Pocket$471Mortgage P&I$1,98275%Property Taxes$954%Insurance$1315%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,632

Total Expenses

$3,103

Mortgage P&I

75%

$1,982

Property Taxes

4%

$95

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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