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610 Fayette St, Martinsville, VA 24112

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Airbnb investment with a projected -9.63% first-year return on $41,121 initial cash invested.

-9.63%

Cash On Cash

2.79%

Cap Rate

0.46

DSCR

$674

Rent

-$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$674 income − $1,004 expenses = $330 out of pocket

Income$674Out of Pocket$330Mortgage P&I$55983%Property Taxes$7812%Insurance$447%Management$10115%CapEx$274%Maintenance$274%Other$16825%

Investment Breakdown

|

Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,121

Downpayment

20%

$22,020

Closing costs

1%

$1,101

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$674

Total Expenses

$1,004

Mortgage P&I

83%

$559

Property Taxes

12%

$78

Home Insurance

7%

$44

HOA

0%

$0

Property Management

15%

$101

CapEx

4%

$27

Vacancy

0%

$0

Maintenance

4%

$27

Other

25%

$168

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