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6023 Massaponax Church Rd, Fredericksburg, VA 22407

3 beds • 2 baths • 1670 sqft

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This property looks like a bad Airbnb investment with a projected -11.06% first-year return on $104k initial cash invested.

-11.06%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$2,627

Rent

-$954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,627 income − $3,581 expenses = $954 out of pocket

Income$2,627Out of Pocket$954Mortgage P&I$2,01877%Property Taxes$1586%Insurance$1445%Management$39415%CapEx$1054%Maintenance$1054%Other$65725%

Investment Breakdown

|

Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,440

Closing costs

1%

$4,072

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,627

Total Expenses

$3,581

Mortgage P&I

77%

$2,018

Property Taxes

6%

$158

Home Insurance

5%

$144

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$657

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