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2402 Lakeview Pkwy, Locust Grove, VA 22508

3 beds • 2 baths • 1846 sqft

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This property looks like a bad Airbnb investment with a projected -17.7% first-year return on $105k initial cash invested.

-17.7%

Cash On Cash

1.86%

Cap Rate

0.3

DSCR

$2,155

Rent

-$1,546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,155 income − $3,701 expenses = $1,546 out of pocket

Income$2,155Out of Pocket$1,546Mortgage P&I$2,10097%Property Taxes$2039%Insurance$1477%HOA$21710%Management$32315%CapEx$864%Maintenance$864%Other$53925%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,700

Closing costs

1%

$4,135

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,155

Total Expenses

$3,701

Mortgage P&I

97%

$2,100

Property Taxes

9%

$203

Home Insurance

7%

$147

HOA

10%

$217

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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