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3013 Fairway Ct, Georgetown, KY 40324

3 beds • 3 baths • 2166 sqft

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This property looks like a bad Airbnb investment with a projected -13.75% first-year return on $99,375 initial cash invested.

-13.75%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,221

Rent

-$1,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,221 income − $3,360 expenses = $1,139 out of pocket

Income$2,221Out of Pocket$1,139Mortgage P&I$1,91786%Property Taxes$22710%Insurance$1406%HOA$10Management$33315%CapEx$894%Maintenance$894%Other$55525%

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,221

Total Expenses

$3,360

Mortgage P&I

86%

$1,917

Property Taxes

10%

$227

Home Insurance

6%

$140

HOA

0%

$10

Property Management

15%

$333

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$555

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