425 Rockcrest Way Louisville, KY 40245
4bd, 2.5ba | 2,323sqft | Built in 2015
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Initial Investment
$291,269
List Price: $286,965
Purchase Price
$286,965
Down Payment
100%
Rent
$1,995

Total Return
$108,495
Annualized Return
7.2%
Cap Rate
5.6%
Gross Yield
8.3%
Cash Flow
$15,767
Appreciation
2.7%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/10/2018 
Lease End
08/09/2019 
Lot Size
7,840 
HOA
None
Flood Risk
Not Required
  • Mint condition: $0 in immediate repairs
  • Home is sold 20% below valuation range
  • 5 star neighborhood

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



Annual Financial Highlight
Expected Rent
$22,743
Expenses
-$4,369
Property Taxes
-$2,608
Loan Payments
$0

Net Cash Flow
$15,767
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

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