REI Lense

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$1,950 (target)

352 Calumet Ln, Madisonville, KY 42431

3 beds • 3 baths • 2788 sqft

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This property looks like a bad Long-Term investment with a projected -4% first-year return on $56,448 initial cash invested.

-4%

Cash On Cash

5.64%

Cap Rate

0.93

DSCR

$1,950

Rent

-$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $2,138 expenses = $188 out of pocket

Income$1,950Out of Pocket$188Mortgage P&I$1,35369%Property Taxes$1799%Insurance$985%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,448

Downpayment

20%

$53,760

Closing costs

1%

$2,688

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,138

Mortgage P&I

69%

$1,353

Property Taxes

9%

$179

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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