REI Lense

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$2,925 (target)

352 Calumet Ln, Madisonville, KY 42431

3 beds • 3 baths • 2788 sqft

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This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $74,448 initial cash invested.

4.84%

Cash On Cash

7.9%

Cap Rate

1.31

DSCR

$2,925

Rent

$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $2,625 expenses = $300 cash flow

Income$2,925Mortgage P&I$1,35346%Property Taxes$1796%Insurance$983%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$300

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,448

Downpayment

20%

$53,760

Closing costs

1%

$2,688

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$2,625

Mortgage P&I

46%

$1,353

Property Taxes

6%

$179

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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