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3948 Driftwood Way, Williamsburg, VA 23188

4 beds • 3 baths • 1966 sqft

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This property looks like a bad Airbnb investment with a projected -13.24% first-year return on $112k initial cash invested.

-13.24%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$2,497

Rent

-$1,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$2,497

Total Expenses

$3,735

Mortgage P&I

84%

$2,086

Property Taxes

10%

$239

Home Insurance

6%

$147

HOA

3%

$64

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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Comparable Property

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ADR

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2

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0.9 mi

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2

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0.9 mi

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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0.6 mi

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