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1106 Confederate Dr, Locust Grove, VA 22508

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Airbnb investment with a projected -9.91% first-year return on $85,704 initial cash invested.

-9.91%

Cash On Cash

3.89%

Cap Rate

0.63

DSCR

$2,671

Rent

-$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,671 income − $3,379 expenses = $708 out of pocket

Income$2,671Out of Pocket$708Mortgage P&I$1,64562%Property Taxes$1114%Insurance$1144%HOA$2268%Management$40115%CapEx$1074%Maintenance$1074%Other$66825%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,704

Downpayment

20%

$64,480

Closing costs

1%

$3,224

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,671

Total Expenses

$3,379

Mortgage P&I

62%

$1,645

Property Taxes

4%

$111

Home Insurance

4%

$114

HOA

8%

$226

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$668

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