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5218 Lockberry Ridge Dr, North Chesterfield, VA 23237

3 beds • 3 baths • 1892 sqft

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This property looks like a bad Airbnb investment with a projected -7.37% first-year return on $103k initial cash invested.

-7.37%

Cash On Cash

4.48%

Cap Rate

0.75

DSCR

$3,426

Rent

-$634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,426 income − $4,060 expenses = $634 out of pocket

Income$3,426Out of Pocket$634Mortgage P&I$2,01059%Property Taxes$2668%Insurance$1404%Management$51415%CapEx$1374%Maintenance$1374%Other$85625%

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,120

Closing costs

1%

$4,056

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,426

Total Expenses

$4,060

Mortgage P&I

59%

$2,010

Property Taxes

8%

$266

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

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