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5865 Van Meter Rd, Winchester, KY 40391

3 beds • 3 baths • 2765 sqft

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This property looks like a bad Airbnb investment with a projected -21.63% first-year return on $160k initial cash invested.

-21.63%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$2,108

Rent

-$2,880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,108 income − $4,988 expenses = $2,880 out of pocket

Income$2,108Out of Pocket$2,880Mortgage P&I$3,291156%Property Taxes$45021%Insurance$23611%Management$31615%CapEx$844%Maintenance$844%Other$52725%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,108

Total Expenses

$4,988

Mortgage P&I

156%

$3,291

Property Taxes

21%

$450

Home Insurance

11%

$236

HOA

0%

$0

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$527

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