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238 E 4th St, Lexington, KY 40508

3 beds • 2 baths • 1663 sqft

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This property looks like a bad Airbnb investment with a projected -8.39% first-year return on $83,352 initial cash invested.

-8.39%

Cash On Cash

4.53%

Cap Rate

0.71

DSCR

$2,812

Rent

-$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $3,395 expenses = $583 out of pocket

Income$2,812Out of Pocket$583Mortgage P&I$1,64659%Property Taxes$28810%Insurance$1124%Management$42215%CapEx$1124%Maintenance$1124%Other$70325%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$3,395

Mortgage P&I

59%

$1,646

Property Taxes

10%

$288

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$703

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