REI Lense

REI Lense

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$914 (target)

65 Lantana Ct, Leitchfield, KY 42754

3 beds • 2 baths • 1178 sqft

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This property looks like a bad Long-Term investment with a projected -10.22% first-year return on $35,679 initial cash invested.

-10.22%

Cash On Cash

4.65%

Cap Rate

0.72

DSCR

$914

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$914 income − $1,218 expenses = $304 out of pocket

Income$914Out of Pocket$304Mortgage P&I$916100%Property Taxes$4Insurance$607%Management$9110%CapEx$465%Vacancy$556%Maintenance$465%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$914

Total Expenses

$1,218

Mortgage P&I

100%

$916

Property Taxes

0%

$4

Home Insurance

7%

$60

HOA

0%

$0

Property Management

10%

$91

CapEx

5%

$46

Vacancy

6%

$55

Maintenance

5%

$46

Other

0%

$0

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