REI Lense

REI Lense

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$1,421 (target)

409 Macedonia St, Mayfield, KY 42066

3 beds • 2 baths • 1311 sqft

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This property might be a fair Long-Term investment with a projected 4.71% first-year return on $32,088 initial cash invested.

4.71%

Cash On Cash

8.12%

Cap Rate

1.24

DSCR

$1,421

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,421 income − $1,295 expenses = $126 cash flow

Income$1,421Mortgage P&I$83759%Property Taxes$292%Insurance$604%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$126

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,088

Downpayment

20%

$30,560

Closing costs

1%

$1,528

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,421

Total Expenses

$1,295

Mortgage P&I

59%

$837

Property Taxes

2%

$29

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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