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305 Grassmere Rd, Charlottesville, VA 22903

3 beds • 3 baths • 2657 sqft

$1,027,200

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This property looks like a bad Airbnb investment with a projected -26.32% first-year return on $234k initial cash invested.

-26.32%

Cash On Cash

0.17%

Cap Rate

0.03

DSCR

$2,369

Rent

-$5,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,369 income − $7,496 expenses = $5,127 out of pocket

Income$2,369Out of Pocket$5,127Mortgage P&I$5,176218%Property Taxes$68629%Insurance$28912%HOA$2089%Management$35515%CapEx$954%Maintenance$954%Other$59225%

Investment Breakdown

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Purchase Price

$1027k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$205k

Closing costs

1%

$10,272

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,369

Total Expenses

$7,496

Mortgage P&I

218%

$5,176

Property Taxes

29%

$686

Home Insurance

12%

$289

HOA

9%

$208

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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