REI Lense

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$2,912 (target)

377 Sydney Way, Richmond, KY 40475

3 beds • 2 baths • 1545 sqft

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This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $80,979 initial cash invested.

1.48%

Cash On Cash

6.94%

Cap Rate

1.14

DSCR

$2,912

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $2,812 expenses = $100 cash flow

Income$2,912Mortgage P&I$1,51852%Property Taxes$1997%Insurance$1074%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$100

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,912

Total Expenses

$2,812

Mortgage P&I

52%

$1,518

Property Taxes

7%

$199

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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