1032 Oak Hill Dr

Lexington, KY 40505
image0

3 bd, 1 ba | 1,092 sqft | Built in 1949

slider image
slider image
slider image
For Sale

Select

Favorite

List Price
$165,000

$5K

Initial Investment

$44,963
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$165,000

Down Payment

25%

Rent

$1,100

Total Return

$60,590

Annualized Return

18.3%

Cap Rate

5.2%

Gross Yield

8%

Cash Flow

-$934

Appreciation

7.0%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

7,614

HOA

None

Flood Risk

Not Required

OPEN HOUSE Wednesday the 9th from 5pm to 7pm.use side door from driveway to enter* Do NOT go on front porch, concrete being poured & will take time to dry*A great place to make your home* lots of updated/improvements. Front porch/new concrete plus side entry porch into kitchen* Interior & exterior have been painted* New carpet in the living areas* Kitchen has new cabinets, countertops, flooring and appliances* Bathroom has new fixtures & flooring* As with story & halves of this era the second floor may be considered non-compliant s.f. in appraisal* 2nd floor is all one room so great for bedroom & play area or office space/ hobby area* Owner will not do cosmetic repairs*Garage/storage shed is WHERE IS AS IS* don't forget to checkout Castlewood Park with swimming pool, tennis courts, picnic tables, playground & more PLUS The Lexington Art League in the Loudoun House*GreyLine Station is closeby with locally owned shops, restaurants & entertainment events* A great neighborhood to call home* Close to New Circle Rd businesses

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

Ask a Question

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$2,974

Property Taxes

-$1,530

Loan Payments

-$8,970

Net Cash Flow

-$934

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.

Similar Listings



Listing Courtesy of:Donna Elder
Agent License 186752
RE/MAX Creative Realty
Certified Agent Brokerage:Daniel David
eXp Realty
KY Brokerage License 239076
SourceLexington Bluegrass Association of Realtors (LBAR)
MLS #22024444
Last Updated: 11/15/2022 11:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.