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3012 Columbia St, Richmond, VA 23234

3 beds • 2 baths • 1495 sqft

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This property looks like a bad Airbnb investment with a projected -5.7% first-year return on $78,890 initial cash invested.

-5.7%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$2,569

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,569 income − $2,944 expenses = $375 out of pocket

Income$2,569Out of Pocket$375Mortgage P&I$1,43656%Property Taxes$1737%Insurance$1024%Management$38515%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,890

Downpayment

20%

$57,990

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,569

Total Expenses

$2,944

Mortgage P&I

56%

$1,436

Property Taxes

7%

$173

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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