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3513 Grove Ave, Richmond, VA 23221

3 beds • 2 baths • 1903 sqft

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This property looks like a bad Airbnb investment with a projected -19.05% first-year return on $215k initial cash invested.

-19.05%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$4,199

Rent

-$3,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$936k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

20%

$187k

Closing costs

1%

$9,362

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,199

Total Expenses

$7,605

Mortgage P&I

109%

$4,575

Property Taxes

16%

$682

Home Insurance

8%

$332

HOA

0%

$0

Property Management

15%

$630

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,050

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