REI Lense

REI Lense

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$1,232 (target)

3088 Finney Rd, Glasgow, KY 42141

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $73,479 initial cash invested.

-17.77%

Cash On Cash

2.57%

Cap Rate

0.42

DSCR

$1,232

Rent

-$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,232 income − $2,320 expenses = $1,088 out of pocket

Income$1,232Out of Pocket$1,088Mortgage P&I$1,776144%Property Taxes$1018%Insurance$12210%Management$12310%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,232

Total Expenses

$2,320

Mortgage P&I

144%

$1,776

Property Taxes

8%

$101

Home Insurance

10%

$122

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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