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3581 Grandin Rd SW, Roanoke, VA 24018

3 beds • 2 baths • 1990 sqft

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This property looks like a bad Airbnb investment with a projected -12.94% first-year return on $91,143 initial cash invested.

-12.94%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$2,263

Rent

-$983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,143

Downpayment

20%

$69,660

Closing costs

1%

$3,483

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,263

Total Expenses

$3,246

Mortgage P&I

77%

$1,742

Property Taxes

13%

$295

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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Comparable Property

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ADR

Beds

Baths

Distance

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1.49 mi

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3

1

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3

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4

2

1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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