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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 1.66% first-year return on $86,229 initial cash invested.

1.66%

Cash On Cash

6.83%

Cap Rate

1.17

DSCR

$3,886

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,886

Total Expenses

$3,767

Mortgage P&I

41%

$1,575

Property Taxes

5%

$213

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$583

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$972

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