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$2,600 (target)

345 Palomino Dr, Richmond, KY 40475

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $74,658 initial cash invested.

0.79%

Cash On Cash

7.09%

Cap Rate

1.11

DSCR

$2,600

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $2,551 expenses = $49 cash flow

Income$2,600Mortgage P&I$1,44155%Property Taxes$1124%Insurance$1144%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$49

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,658

Downpayment

20%

$53,960

Closing costs

1%

$2,698

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$2,551

Mortgage P&I

55%

$1,441

Property Taxes

4%

$112

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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