REI Lense

REI Lense

Unlock all features! Tap here to upgrade

720 W Lexington Ave, Danville, KY 40422

3 beds • 2 baths • 2032 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.7% first-year return on $79,677 initial cash invested.

-7.7%

Cash On Cash

4.65%

Cap Rate

0.73

DSCR

$2,425

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,425 income − $2,936 expenses = $511 out of pocket

Income$2,425Out of Pocket$511Mortgage P&I$1,55364%Property Taxes$1115%Insurance$1084%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,425

Total Expenses

$2,936

Mortgage P&I

64%

$1,553

Property Taxes

5%

$111

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis