REI Lense

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6002 Northfall Creek Pkwy, Mechanicsville, VA 23111

3 beds • 2 baths • 2051 sqft

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This property looks like a bad Airbnb investment with a projected -11.43% first-year return on $114k initial cash invested.

-11.43%

Cash On Cash

3.32%

Cap Rate

0.57

DSCR

$3,175

Rent

-$1,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,020

Closing costs

1%

$4,551

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,175

Total Expenses

$4,257

Mortgage P&I

70%

$2,214

Property Taxes

9%

$296

Home Insurance

5%

$161

HOA

2%

$62

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$794

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