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1949 Castle Glen Dr, North Chesterfield, VA 23236

3 beds • 3 baths • 1907 sqft

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This property looks like a bad Airbnb investment with a projected -8.72% first-year return on $111k initial cash invested.

-8.72%

Cash On Cash

4.05%

Cap Rate

0.69

DSCR

$3,493

Rent

-$808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,493 income − $4,301 expenses = $808 out of pocket

Income$3,493Out of Pocket$808Mortgage P&I$2,16462%Property Taxes$3029%Insurance$1585%Management$52415%CapEx$1404%Maintenance$1404%Other$87325%

Investment Breakdown

|

Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,740

Closing costs

1%

$4,437

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,493

Total Expenses

$4,301

Mortgage P&I

62%

$2,164

Property Taxes

9%

$302

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$524

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$873

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