REI Lense

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$3,584 (target)

422 Locust Grove Rd, Shelbyville, KY 40065

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Mid-Term investment with a projected -1.16% first-year return on $107k initial cash invested.

-1.16%

Cash On Cash

6.11%

Cap Rate

1.02

DSCR

$3,584

Rent

-$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,584 income − $3,688 expenses = $104 out of pocket

Income$3,584Out of Pocket$104Mortgage P&I$2,12459%Property Taxes$1975%Insurance$1494%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,584

Total Expenses

$3,688

Mortgage P&I

59%

$2,124

Property Taxes

6%

$197

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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