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3259 Rasmont Rd, Roanoke, VA 24018

4 beds • 3 baths • 2323 sqft

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This property looks like a bad Airbnb investment with a projected -11.5% first-year return on $107k initial cash invested.

-11.5%

Cash On Cash

3.2%

Cap Rate

0.53

DSCR

$2,564

Rent

-$1,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$79,400

Closing costs

1%

$3,970

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$2,564

Total Expenses

$3,593

Mortgage P&I

77%

$1,985

Property Taxes

9%

$234

Home Insurance

6%

$142

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$641

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