REI Lense

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$2,464 (target)

514 Allen Dr, Richmond, KY 40475

3 beds • 2 baths • 2432 sqft

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This property looks like a bad Mid-Term investment with a projected -10.23% first-year return on $106k initial cash invested.

-10.23%

Cash On Cash

3.77%

Cap Rate

0.62

DSCR

$2,464

Rent

-$902

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,464 income − $3,366 expenses = $902 out of pocket

Income$2,464Out of Pocket$902Mortgage P&I$2,11886%Property Taxes$25510%Insurance$1546%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,660

Closing costs

1%

$4,183

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,464

Total Expenses

$3,366

Mortgage P&I

86%

$2,118

Property Taxes

10%

$255

Home Insurance

6%

$154

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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