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28 Melody Ln, Berkeley Springs, WV 25411

3 beds • 2 baths • 2030 sqft

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This property looks like a bad Airbnb investment with a projected -16.5% first-year return on $128k initial cash invested.

-16.5%

Cash On Cash

2.36%

Cap Rate

0.38

DSCR

$2,371

Rent

-$1,763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,371 income − $4,134 expenses = $1,763 out of pocket

Income$2,371Out of Pocket$1,763Mortgage P&I$2,702114%Property Taxes$964%Insurance$1848%HOA$131%Management$35615%CapEx$954%Maintenance$954%Other$59325%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,371

Total Expenses

$4,134

Mortgage P&I

114%

$2,702

Property Taxes

4%

$96

Home Insurance

8%

$184

HOA

1%

$13

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

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