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331 Mankin Ave, Beckley, WV 25801

3 beds • 2 baths • 2480 sqft

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This property looks like a bad Airbnb investment with a projected -11.8% first-year return on $75,750 initial cash invested.

-11.8%

Cash On Cash

3.05%

Cap Rate

0.51

DSCR

$1,538

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,538 income − $2,283 expenses = $745 out of pocket

Income$1,538Out of Pocket$745Mortgage P&I$1,38390%Property Taxes$654%Insurance$966%Management$23115%CapEx$624%Maintenance$624%Other$38425%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,538

Total Expenses

$2,283

Mortgage P&I

90%

$1,383

Property Taxes

4%

$65

Home Insurance

6%

$96

HOA

0%

$0

Property Management

15%

$231

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$384

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