REI Lense

REI Lense

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$3,119 (target)

548 Cromwell Way, Lexington, KY 40503

3 beds • 3 baths • 2821 sqft

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This property looks like a bad Long-Term investment with a projected -1.26% first-year return on $87,318 initial cash invested.

-1.26%

Cash On Cash

6.29%

Cap Rate

1.03

DSCR

$3,119

Rent

-$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,119 income − $3,211 expenses = $92 out of pocket

Income$3,119Out of Pocket$92Mortgage P&I$2,11768%Property Taxes$1334%Insurance$1505%Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$416k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,318

Downpayment

20%

$83,160

Closing costs

1%

$4,158

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,119

Total Expenses

$3,211

Mortgage P&I

68%

$2,117

Property Taxes

4%

$133

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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