REI Lense

REI Lense

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$1,521 (target)

344 Plaza Ave, Louisville, KY 40218

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Long-Term investment with a projected -7.13% first-year return on $45,255 initial cash invested.

-7.13%

Cash On Cash

5.56%

Cap Rate

0.84

DSCR

$1,521

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,521 income − $1,790 expenses = $269 out of pocket

Income$1,521Out of Pocket$269Mortgage P&I$1,19178%Property Taxes$1278%Insurance$775%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,255

Downpayment

20%

$43,100

Closing costs

1%

$2,155

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,521

Total Expenses

$1,790

Mortgage P&I

78%

$1,191

Property Taxes

8%

$127

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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