REI Lense

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$1,007 (target)

8234 Owenton Rd, Frankfort, KY 40601

3 beds • 2 baths • 2016 sqft

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This property looks like a bad Long-Term investment with a projected -23.1% first-year return on $94,500 initial cash invested.

-23.1%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$1,007

Rent

-$1,819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,007 income − $2,826 expenses = $1,819 out of pocket

Income$1,007Out of Pocket$1,819Mortgage P&I$2,275226%Property Taxes$13213%Insurance$15816%Management$10110%CapEx$505%Vacancy$606%Maintenance$505%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,007

Total Expenses

$2,826

Mortgage P&I

226%

$2,275

Property Taxes

13%

$132

Home Insurance

16%

$158

HOA

0%

$0

Property Management

10%

$101

CapEx

5%

$50

Vacancy

6%

$60

Maintenance

5%

$50

Other

0%

$0

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