REI Lense

REI Lense

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$1,543 (target)

756 W Center St, Madisonville, KY 42431

3 beds • 3 baths • 1300 sqft

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This property might be a fair Long-Term investment with a projected 3.05% first-year return on $33,831 initial cash invested.

3.05%

Cash On Cash

7.84%

Cap Rate

1.18

DSCR

$1,543

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,543 income − $1,457 expenses = $86 cash flow

Income$1,543Mortgage P&I$89058%Property Taxes$1087%Insurance$584%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%Cash Flow$86

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,831

Downpayment

20%

$32,220

Closing costs

1%

$1,611

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,543

Total Expenses

$1,457

Mortgage P&I

58%

$890

Property Taxes

7%

$108

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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