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3057 Forest Acre Trl, Salem, VA 24153

3 beds • 2 baths • 1260 sqft

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This property might be a fair Airbnb investment with a projected 1.56% first-year return on $87,090 initial cash invested.

1.56%

Cash On Cash

7.09%

Cap Rate

1.16

DSCR

$3,908

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,908 income − $3,795 expenses = $113 cash flow

Income$3,908Mortgage P&I$1,67643%Property Taxes$1293%Insurance$1153%Management$58615%CapEx$1564%Maintenance$1564%Other$97725%Cash Flow$113

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,908

Total Expenses

$3,795

Mortgage P&I

43%

$1,676

Property Taxes

3%

$129

Home Insurance

3%

$115

HOA

0%

$0

Property Management

15%

$586

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$977

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