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584 Ashley Ct, Berea, KY 40403

3 beds • 2 baths • 1427 sqft

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This property looks like a bad Airbnb investment with a projected -9.02% first-year return on $70,878 initial cash invested.

-9.02%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$1,829

Rent

-$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,829 income − $2,362 expenses = $533 out of pocket

Income$1,829Out of Pocket$533Mortgage P&I$1,25669%Property Taxes$1398%Insurance$905%Management$27415%CapEx$734%Maintenance$734%Other$45725%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,878

Downpayment

20%

$50,360

Closing costs

1%

$2,518

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,829

Total Expenses

$2,362

Mortgage P&I

69%

$1,256

Property Taxes

8%

$139

Home Insurance

5%

$90

HOA

0%

$0

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$457

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