REI Lense

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$2,697 (target)

734 River Ridge Rd, Frankfort, KY 40601

3 beds • 2 baths • 1653 sqft

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This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $74,658 initial cash invested.

0.96%

Cash On Cash

7.09%

Cap Rate

1.12

DSCR

$2,697

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,697 income − $2,637 expenses = $60 cash flow

Income$2,697Mortgage P&I$1,42753%Property Taxes$1957%Insurance$974%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$60

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,658

Downpayment

20%

$53,960

Closing costs

1%

$2,698

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,697

Total Expenses

$2,637

Mortgage P&I

53%

$1,427

Property Taxes

7%

$195

Home Insurance

4%

$97

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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