REI Lense

REI Lense

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$1,589 (target)

401 Hedgewood Dr, Lexington, KY 40509

3 beds • 2 baths • 1193 sqft

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This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $47,208 initial cash invested.

-6.2%

Cash On Cash

5.67%

Cap Rate

0.87

DSCR

$1,589

Rent

-$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,589 income − $1,833 expenses = $244 out of pocket

Income$1,589Out of Pocket$244Mortgage P&I$1,22777%Property Taxes$1147%Insurance$805%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,208

Downpayment

20%

$44,960

Closing costs

1%

$2,248

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,589

Total Expenses

$1,833

Mortgage P&I

77%

$1,227

Property Taxes

7%

$114

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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