REI Lense

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$1,486 (target)

709 Old Highway 90, Monticello, KY 42633

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $46,350 initial cash invested.

4.89%

Cash On Cash

8.59%

Cap Rate

1.35

DSCR

$1,486

Rent

$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $1,297 expenses = $189 cash flow

Income$1,486Mortgage P&I$71848%Property Taxes$282%Insurance$473%Management$17812%CapEx$594%Vacancy$453%Maintenance$594%Other$16311%Cash Flow$189

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,486

Total Expenses

$1,297

Mortgage P&I

48%

$718

Property Taxes

2%

$28

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$178

CapEx

4%

$59

Vacancy

3%

$45

Maintenance

4%

$59

Other

11%

$163

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