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408 Sage Grass Dr, Berea, KY 40403

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Airbnb investment with a projected -8.89% first-year return on $78,585 initial cash invested.

-8.89%

Cash On Cash

3.77%

Cap Rate

0.65

DSCR

$2,106

Rent

-$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,106 income − $2,688 expenses = $582 out of pocket

Income$2,106Out of Pocket$582Mortgage P&I$1,40567%Property Taxes$1708%Insurance$1035%Management$31615%CapEx$844%Maintenance$844%Other$52625%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,585

Downpayment

20%

$57,700

Closing costs

1%

$2,885

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,106

Total Expenses

$2,688

Mortgage P&I

67%

$1,405

Property Taxes

8%

$170

Home Insurance

5%

$103

HOA

0%

$0

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$526

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