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11205 Chancellor Meadows Ln, Locust Grove, VA 22508

3 beds • 3 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -4.16% first-year return on $97,422 initial cash invested.

-4.16%

Cash On Cash

5.26%

Cap Rate

0.89

DSCR

$3,465

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,465 income − $3,803 expenses = $338 out of pocket

Income$3,465Out of Pocket$338Mortgage P&I$1,85654%Property Taxes$1504%Insurance$1334%Management$52015%CapEx$1394%Maintenance$1394%Other$86625%

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,422

Downpayment

20%

$75,640

Closing costs

1%

$3,782

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,465

Total Expenses

$3,803

Mortgage P&I

54%

$1,856

Property Taxes

4%

$150

Home Insurance

4%

$133

HOA

0%

$0

Property Management

15%

$520

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$866

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