1701 Lynn Way

Louisville, KY 40222
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3 bd, 2 ba | 2,081 sqft | Built in 1960

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List Price
$254,900

Initial Investment

$69,746

Purchase Price

$254,000

Down Payment

25%

Rent

$1,865

Total Return

$85,261

Annualized Return

17.5%

Cap Rate

5.9%

Gross Yield

8.8%

Cash Flow

$218

Appreciation

5.9%
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Features

Occupancy

Occupied

Lease Start

10/01/2018

Lease End

09/30/2019

Lot Size

10,890

HOA

None

Flood Risk

Not Required

  • 5 star neighborhood
  • Less than $600 in immediate repairs
  • Occupied until 9/30/19

Buy It Now: Offers at list price include an American Home Shield home warranty.



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Annual Financial Highlights

Expected Rent

$21,261

Expenses

-$4,835

Property Taxes

-$2,400

Loan Payments

-$13,809

Net Cash Flow

$218

See more in Financials

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