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573 Melchers Dr, Fredericksburg, VA 22405

3 beds • 3 baths • 2176 sqft

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This property looks like a bad Airbnb investment with a projected -7.98% first-year return on $113k initial cash invested.

-7.98%

Cash On Cash

4.33%

Cap Rate

0.73

DSCR

$3,558

Rent

-$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $4,307 expenses = $749 out of pocket

Income$3,558Out of Pocket$749Mortgage P&I$2,23463%Property Taxes$2156%Insurance$1504%Management$53415%CapEx$1424%Maintenance$1424%Other$89025%

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,160

Closing costs

1%

$4,508

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,558

Total Expenses

$4,307

Mortgage P&I

63%

$2,234

Property Taxes

6%

$215

Home Insurance

4%

$150

HOA

0%

$0

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$890

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