REI Lense

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$1,649 (target)

377 Crescent Ave, Winchester, KY 40391

3 beds • 2 baths • 1533 sqft

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This property looks like a bad Long-Term investment with a projected -7.2% first-year return on $51,492 initial cash invested.

-7.2%

Cash On Cash

5.05%

Cap Rate

0.82

DSCR

$1,649

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,649 income − $1,958 expenses = $309 out of pocket

Income$1,649Out of Pocket$309Mortgage P&I$1,25876%Property Taxes$18311%Insurance$895%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,492

Downpayment

20%

$49,040

Closing costs

1%

$2,452

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,649

Total Expenses

$1,958

Mortgage P&I

76%

$1,258

Property Taxes

11%

$183

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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