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3123 Green Ridge Rd, Roanoke, VA 24019

3 beds • 2 baths • 1788 sqft

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This property might be a fair Airbnb investment with a projected 3.51% first-year return on $86,229 initial cash invested.

3.51%

Cash On Cash

7.36%

Cap Rate

1.27

DSCR

$4,144

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,144 income − $3,892 expenses = $252 cash flow

Income$4,144Mortgage P&I$1,57538%Property Taxes$2135%Insurance$1143%Management$62215%CapEx$1664%Maintenance$1664%Other$1,03625%Cash Flow$252

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,144

Total Expenses

$3,892

Mortgage P&I

38%

$1,575

Property Taxes

5%

$213

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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