REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

620 Lake Sterling Rd, Louisville, KY 40223

4 beds • 3 baths • 3521 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.59% first-year return on $147k initial cash invested.

-9.59%

Cash On Cash

3.82%

Cap Rate

0.65

DSCR

$4,559

Rent

-$1,171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$584k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$117k

Closing costs

1%

$5,836

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,559

Total Expenses

$5,730

Mortgage P&I

62%

$2,847

Property Taxes

9%

$390

Home Insurance

5%

$205

HOA

2%

$100

Property Management

15%

$684

CapEx

4%

$182

Vacancy

0%

$0

Maintenance

4%

$182

Other

25%

$1,140

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Lovely Kentucky Home with many amenities.

$5,530

$404

4

2.5

0.97 mi

SuperHost ~ Adjoining Condos with 4 Master Suites!

$3,559

$260

4

4

1.76 mi

Luxurious Corporate/Derby Rental

$4,777

$349

3

2.5

0.91 mi

Louisville Retreat w/ Deck ~ 11 Mi to Downtown!

$3,107

$227

3

2.5

1.83 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis