REI Lense

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$1,328 (target)

3864 Dripping Springs Rd, Glasgow, KY 42141

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $48,321 initial cash invested.

-13.04%

Cash On Cash

4.16%

Cap Rate

0.63

DSCR

$1,328

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,328 income − $1,853 expenses = $525 out of pocket

Income$1,328Out of Pocket$525Mortgage P&I$1,25695%Property Taxes$16813%Insurance$846%Management$13310%CapEx$665%Vacancy$806%Maintenance$665%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,321

Downpayment

20%

$46,020

Closing costs

1%

$2,301

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,328

Total Expenses

$1,853

Mortgage P&I

95%

$1,256

Property Taxes

13%

$168

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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