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$1,890 (target)

421 Turnberry Ct, Vine Grove, KY 40175

3 beds • 2 baths • 1485 sqft

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This property looks like a bad Long-Term investment with a projected -9.23% first-year return on $76,818 initial cash invested.

-9.23%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$1,890

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $2,481 expenses = $591 out of pocket

Income$1,890Out of Pocket$591Mortgage P&I$1,84297%Property Taxes$191%Insurance$1307%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,818

Downpayment

20%

$73,160

Closing costs

1%

$3,658

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,481

Mortgage P&I

97%

$1,842

Property Taxes

1%

$19

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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