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99 Merit Rd, Mayfield, KY 42066

3 beds • 2 baths • 3125 sqft

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This property looks like a bad Airbnb investment with a projected -13.98% first-year return on $123k initial cash invested.

-13.98%

Cash On Cash

2.93%

Cap Rate

0.48

DSCR

$2,604

Rent

-$1,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,604 income − $4,034 expenses = $1,430 out of pocket

Income$2,604Out of Pocket$1,430Mortgage P&I$2,54598%Property Taxes$642%Insurance$1757%Management$39115%CapEx$1044%Maintenance$1044%Other$65125%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,604

Total Expenses

$4,034

Mortgage P&I

98%

$2,545

Property Taxes

2%

$64

Home Insurance

7%

$175

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$651

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