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4 Old Homestead Cir, Palmyra, VA 22963

3 beds • 3 baths • 1664 sqft

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This property could be a profitable Airbnb investment with a projected 14.07% first-year return on $85,431 initial cash invested.

14.07%

Cash On Cash

10.47%

Cap Rate

1.78

DSCR

$5,729

Rent

$1,002

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,729 income − $4,727 expenses = $1,002 cash flow

Income$5,729Mortgage P&I$1,57027%Property Taxes$1733%Insurance$1142%HOA$1212%Management$85915%CapEx$2294%Maintenance$2294%Other$1,43225%Cash Flow$1,002

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,431

Downpayment

20%

$64,220

Closing costs

1%

$3,211

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,729

Total Expenses

$4,727

Mortgage P&I

27%

$1,570

Property Taxes

3%

$173

Home Insurance

2%

$114

HOA

2%

$121

Property Management

15%

$859

CapEx

4%

$229

Vacancy

0%

$0

Maintenance

4%

$229

Other

25%

$1,432

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