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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 -14.89% first-year return on $105k initial cash invested.

-14.89%

Cash On Cash

2.62%

Cap Rate

0.43

DSCR

$2,626

Rent

-$1,301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,626 income − $3,927 expenses = $1,301 out of pocket

Income$2,626Out of Pocket$1,301Mortgage P&I$2,10080%Property Taxes$2038%Insurance$1476%HOA$2178%Management$39415%CapEx$1054%Maintenance$1054%Other$65625%

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

$2,626

Total Expenses

$3,927

Mortgage P&I

80%

$2,100

Property Taxes

8%

$203

Home Insurance

6%

$147

HOA

8%

$217

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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