REI Lense

REI Lense

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$2,230 (target)

403 Wash Rd, Frankfort, KY 40601

3 beds • 2 baths • 2142 sqft

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This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $82,950 initial cash invested.

-7.84%

Cash On Cash

4.69%

Cap Rate

0.78

DSCR

$2,230

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,230 income − $2,772 expenses = $542 out of pocket

Income$2,230Out of Pocket$542Mortgage P&I$1,97489%Property Taxes$794%Insurance$1386%Management$22310%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,950

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$2,772

Mortgage P&I

89%

$1,974

Property Taxes

4%

$79

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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