Zip Code 40212 โ€” Louisville, KY

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

14.5%

Monthly Cash Flow

+$580

Median Home Price

$85,550

DSCR

2.27

Fair Market Rents

Studio
$810/mo
1 Bedroom
$890/mo
2 Bedroom
$1,080/mo
3 Bedroom
$1,410/mo
4 Bedroom
$1,620/mo

Investment Metrics

Cap Rate
14.5%
Cash-on-Cash Return
35.4%
Price-to-Rent Ratio
5.1
1% Rule
1.65%
Gross Rent Multiplier
5.1
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†’