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31185 Price Rd, Locust Grove, VA 22508

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Airbnb investment with a projected -15.15% first-year return on $104k initial cash invested.

-15.15%

Cash On Cash

2.34%

Cap Rate

0.39

DSCR

$1,970

Rent

-$1,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,970 income − $3,283 expenses = $1,313 out of pocket

Income$1,970Out of Pocket$1,313Mortgage P&I$2,034103%Property Taxes$1548%Insurance$1498%Management$29615%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,970

Total Expenses

$3,283

Mortgage P&I

103%

$2,034

Property Taxes

8%

$154

Home Insurance

8%

$149

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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