REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

372 Ridgewood Dr, Somerset, KY 42503

3 beds • 2 baths • 1516 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.5% first-year return on $55,545 initial cash invested.

-6.5%

Cash On Cash

4.8%

Cap Rate

0.83

DSCR

$1,650

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,545

Downpayment

20%

$52,900

Closing costs

1%

$2,645

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,650

Total Expenses

$1,951

Mortgage P&I

77%

$1,278

Property Taxes

9%

$149

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis