201 Longview Dr

Nicholasville, KY 40356
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4 bd, 2 ba | 1,860 sqft | Built in 1992

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List Price
$180,000

Initial Investment

$48,598

Purchase Price

$171,000

Down Payment

25%

Rent

$1,700

Total Return

$89,085

Annualized Return

25.0%

Cap Rate

7.6%

Gross Yield

11.9%

Cash Flow

$2,979

Appreciation

7.6%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Property Type

MultiFamily

Lot Size

11,326

HOA

None

Flood Risk

Not Required

Calling all Investors!! Or anyone interested in a great rental property to supplement your retirement or to build some extra income for yourself! This Duplex is currently occupied with lifelong tenants who love their home! This spacious brick duplex has 2 bedrooms and 1 bath on each side unit with a separate utility room with access to a nice big yard for outdoor entertaining. One side has a large deck and a fenced in yard for your pets and an open concept. The other side is a bit more cozy with separate living space and kitchen area. Separate parking driveway for each unit as well. Unit is occupied and prefers to be shown by appointment only. This is a great Opportunity! Don't miss out! Call for your showing today!

See more in Analysis
Daniel David
eXp Realty
KY Agent License #218644

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,854

Property Taxes

-$2,250

Loan Payments

-$9,296

Net Cash Flow

$2,979

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Reva Howe
Agent License 261112
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Certified Agent Brokerage:Daniel David
eXp Realty
KY Brokerage License 239076
SourceLexington Bluegrass Association of Realtors (LBAR)
MLS #20118861
Last Updated: 09/27/2021 23:09
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