REI Lense

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$2,694 (target)

534 Southern Cross Dr, Richmond, KY 40475

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Mid-Term investment with a projected -1.23% first-year return on $79,047 initial cash invested.

-1.23%

Cash On Cash

6.49%

Cap Rate

1.02

DSCR

$2,694

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $2,775 expenses = $81 out of pocket

Income$2,694Out of Pocket$81Mortgage P&I$1,54457%Property Taxes$2027%Insurance$1034%HOA$10Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,047

Downpayment

20%

$58,140

Closing costs

1%

$2,907

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$2,775

Mortgage P&I

57%

$1,544

Property Taxes

8%

$202

Home Insurance

4%

$103

HOA

0%

$10

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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