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4414 Park Ave, Richmond, VA 23221

4 beds • 2 baths • 1637 sqft

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This property looks like a bad Airbnb investment with a projected -10.78% first-year return on $160k initial cash invested.

-10.78%

Cash On Cash

3.54%

Cap Rate

0.61

DSCR

$4,974

Rent

-$1,440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,974

Total Expenses

$6,414

Mortgage P&I

63%

$3,157

Property Taxes

13%

$642

Home Insurance

5%

$227

HOA

0%

$0

Property Management

15%

$746

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,244

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