2023 Hays Smiths Grove Rd, Smiths Grove, KY 42171
3 beds • 2 baths • 1620 sqft
$193,400
View on ZillowThis property could be a profitable Mid-Term investment with a projected 11.55% first-year return on $58,614 initial cash invested.
11.55%
Cash On Cash
10.91%
Cap Rate
1.62
DSCR
$2,733
Rent
$564
Cashflow
Cash Flow
$2,733 income − $2,169 expenses = $564 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,614
Downpayment
20%
$38,680
Closing costs
1%
$1,934
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,733
Total Expenses
$2,169
Mortgage P&I
40%
$1,086
Property Taxes
3%
$84
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301