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$3,494 (target)

6481-6495 Old Richmond Rd, Lexington, KY 40515

beds • 1.5 baths • 4406 sqft

$1,947,300

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This property looks like a bad Mid-Term investment with a projected -26.13% first-year return on $409k initial cash invested.

-26.13%

Cash On Cash

0.79%

Cap Rate

0.13

DSCR

$3,494

Rent

-$8,903

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,494 income − $12,397 expenses = $8,903 out of pocket

Income$3,494Out of Pocket$8,903Mortgage P&I$10,039287%Property Taxes$48814%Insurance$68220%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%

Investment Breakdown

|

Purchase Price

$1947k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$409k

Downpayment

20%

$389k

Closing costs

1%

$19,473

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$3,494

Total Expenses

$12,397

Mortgage P&I

287%

$10,039

Property Taxes

14%

$488

Home Insurance

20%

$682

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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