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1010 Redwing Way, Lawrenceburg, KY 40342

3 beds • 2 baths • 2688 sqft

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This property looks like a bad Airbnb investment with a projected -17.48% first-year return on $131k initial cash invested.

-17.48%

Cash On Cash

2.04%

Cap Rate

0.33

DSCR

$2,161

Rent

-$1,909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,161 income − $4,070 expenses = $1,909 out of pocket

Income$2,161Out of Pocket$1,909Mortgage P&I$2,740127%Property Taxes$985%Insurance$1969%Management$32415%CapEx$864%Maintenance$864%Other$54025%

Investment Breakdown

|

Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,384

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,161

Total Expenses

$4,070

Mortgage P&I

127%

$2,740

Property Taxes

5%

$98

Home Insurance

9%

$196

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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