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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 -8.84% first-year return on $85,704 initial cash invested.

-8.84%

Cash On Cash

4.19%

Cap Rate

0.69

DSCR

$2,819

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,819 income − $3,450 expenses = $631 out of pocket

Income$2,819Out of Pocket$631Mortgage P&I$1,64558%Property Taxes$1114%Insurance$1144%HOA$2268%Management$42315%CapEx$1134%Maintenance$1134%Other$70525%

Investment Breakdown

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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

$2,819

Total Expenses

$3,450

Mortgage P&I

58%

$1,645

Property Taxes

4%

$111

Home Insurance

4%

$114

HOA

8%

$226

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$705

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