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508 Locust Grove Rd, Shelbyville, KY 40065

3 beds • 3 baths • 2428 sqft

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This property looks like a bad Airbnb investment with a projected -25.95% first-year return on $162k initial cash invested.

-25.95%

Cash On Cash

0.13%

Cap Rate

0.02

DSCR

$1,373

Rent

-$3,506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,373 income − $4,879 expenses = $3,506 out of pocket

Income$1,373Out of Pocket$3,506Mortgage P&I$3,524257%Property Taxes$44232%Insurance$25418%Management$20615%CapEx$554%Maintenance$554%Other$34325%

Investment Breakdown

|

Purchase Price

$686k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,863

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,373

Total Expenses

$4,879

Mortgage P&I

257%

$3,524

Property Taxes

32%

$442

Home Insurance

19%

$254

HOA

0%

$0

Property Management

15%

$206

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$343

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