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3095 Isabel Ln, Salem, VA 24153

3 beds • 2 baths • 1520 sqft

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This property looks like a bad Airbnb investment with a projected -11.19% first-year return on $102k initial cash invested.

-11.19%

Cash On Cash

3.32%

Cap Rate

0.57

DSCR

$2,764

Rent

-$951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,764 income − $3,715 expenses = $951 out of pocket

Income$2,764Out of Pocket$951Mortgage P&I$1,94670%Property Taxes$29010%Insurance$1405%HOA$11Management$41515%CapEx$1114%Maintenance$1114%Other$69125%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,764

Total Expenses

$3,715

Mortgage P&I

70%

$1,946

Property Taxes

10%

$290

Home Insurance

5%

$140

HOA

0%

$11

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$691

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