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3201 North Ave, Richmond, VA 23222

3 beds • 3 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -2.49% first-year return on $98,220 initial cash invested.

-2.49%

Cash On Cash

5.51%

Cap Rate

0.98

DSCR

$4,049

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,220

Downpayment

20%

$76,400

Closing costs

1%

$3,820

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,049

Total Expenses

$4,253

Mortgage P&I

44%

$1,795

Property Taxes

9%

$379

Home Insurance

3%

$136

HOA

0%

$0

Property Management

15%

$607

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,012

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