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1082 Cedar Lane Ct, Lynchburg, VA 24503

3 beds • 2 baths • 1622 sqft

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This property looks like a bad Airbnb investment with a projected -9.29% first-year return on $82,680 initial cash invested.

-9.29%

Cash On Cash

4.02%

Cap Rate

0.65

DSCR

$2,149

Rent

-$640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,149 income − $2,789 expenses = $640 out of pocket

Income$2,149Out of Pocket$640Mortgage P&I$1,58774%Property Taxes$613%Insurance$1105%Management$32215%CapEx$864%Maintenance$864%Other$53725%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,680

Downpayment

20%

$61,600

Closing costs

1%

$3,080

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,149

Total Expenses

$2,789

Mortgage P&I

74%

$1,587

Property Taxes

3%

$61

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$537

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