REI Lense

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$996 (target)

856 S Gassaway Rd, Glasgow, KY 42141

3 beds • 2 baths • 1128 sqft

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This property could be a profitable Long-Term investment with a projected 10.01% first-year return on $19,299 initial cash invested.

10.01%

Cash On Cash

9.06%

Cap Rate

1.44

DSCR

$996

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$996 income − $835 expenses = $161 cash flow

Income$996Mortgage P&I$48348%Property Taxes$293%Insurance$636%Management$10010%CapEx$505%Vacancy$606%Maintenance$505%Cash Flow$161

Investment Breakdown

|

Purchase Price

$91,900

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,299

Downpayment

20%

$18,380

Closing costs

1%

$919

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$996

Total Expenses

$835

Mortgage P&I

48%

$483

Property Taxes

3%

$29

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$100

CapEx

5%

$50

Vacancy

6%

$60

Maintenance

5%

$50

Other

0%

$0

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