Zip Code 40211 โ€” Louisville, KY

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

13.8%

Monthly Cash Flow

+$604

Median Home Price

$97,812

DSCR

2.16

Fair Market Rents

Studio
$880/mo
1 Bedroom
$980/mo
2 Bedroom
$1,180/mo
3 Bedroom
$1,540/mo
4 Bedroom
$1,770/mo

Investment Metrics

Cap Rate
13.8%
Cash-on-Cash Return
32.2%
Price-to-Rent Ratio
5.3
1% Rule
1.57%
Gross Rent Multiplier
5.3
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’