REI Lense

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$1,815 (target)

603 S 3rd St, Nicholasville, KY 40356

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -8.19% first-year return on $60,228 initial cash invested.

-8.19%

Cash On Cash

4.77%

Cap Rate

0.78

DSCR

$1,815

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,815 income − $2,226 expenses = $411 out of pocket

Income$1,815Out of Pocket$411Mortgage P&I$1,46080%Property Taxes$18810%Insurance$1056%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,228

Downpayment

20%

$57,360

Closing costs

1%

$2,868

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,815

Total Expenses

$2,226

Mortgage P&I

80%

$1,460

Property Taxes

10%

$188

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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