REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,770 (target)

409 Summer Hill Dr, Somerset, KY 42503

3 beds • 2 baths • 1740 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.43% first-year return on $84,192 initial cash invested.

-0.43%

Cash On Cash

6.65%

Cap Rate

1.05

DSCR

$2,770

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $2,800 expenses = $30 out of pocket

Income$2,770Out of Pocket$30Mortgage P&I$1,66760%Property Taxes$753%Insurance$1164%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,192

Downpayment

20%

$63,040

Closing costs

1%

$3,152

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$2,800

Mortgage P&I

60%

$1,667

Property Taxes

3%

$75

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis