REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2206 Northgate Dr, La Grange, KY 40031

3 beds • 3 baths • 2400 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.35% first-year return on $131k initial cash invested.

-16.35%

Cash On Cash

2.1%

Cap Rate

0.36

DSCR

$2,954

Rent

-$1,788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,954 income − $4,742 expenses = $1,788 out of pocket

Income$2,954Out of Pocket$1,788Mortgage P&I$2,61288%Property Taxes$50817%Insurance$1926%HOA$13Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,392

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,954

Total Expenses

$4,742

Mortgage P&I

88%

$2,612

Property Taxes

17%

$508

Home Insurance

7%

$192

HOA

0%

$13

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis