Zip Code 40202 — Louisville, KY
🔴WEAK— appreciation play onlyCap Rate
3.3%
Monthly Cash Flow
-$876
Median Home Price
$341,635
DSCR
0.52
🏠 Fair Market Rents
- Studio
- $1,000/mo
- 1 Bedroom
- $1,100/mo
- 2 Bedroom
- $1,330/mo
- 3 Bedroom
- $1,740/mo
- 4 Bedroom
- $2,000/mo
📊 Investment Metrics
- Cap Rate
- 3.3%
- Cash-on-Cash Return
- -13.4%
- Price-to-Rent Ratio
- 16.4
- 1% Rule
- 0.51%
- Gross Rent Multiplier
- 16.4
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →