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728 Shaker Dr, Richmond, KY 40475

3 beds • 3 baths • 2681 sqft

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This property looks like a bad Airbnb investment with a projected -19.76% first-year return on $116k initial cash invested.

-19.76%

Cash On Cash

1.68%

Cap Rate

0.26

DSCR

$2,076

Rent

-$1,909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,076 income − $3,985 expenses = $1,909 out of pocket

Income$2,076Out of Pocket$1,909Mortgage P&I$2,477119%Property Taxes$32516%Insurance$1668%HOA$211%Management$31115%CapEx$834%Maintenance$834%Other$51925%

Investment Breakdown

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Purchase Price

$466k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,260

Closing costs

1%

$4,663

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,076

Total Expenses

$3,985

Mortgage P&I

119%

$2,477

Property Taxes

16%

$325

Home Insurance

8%

$166

HOA

1%

$21

Property Management

15%

$311

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$519

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