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6709 Ninth Corps Ln, Spotsylvania, VA 22553

3 beds • 4 baths • 2884 sqft

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This property looks like a bad Airbnb investment with a projected -11.82% first-year return on $115k initial cash invested.

-11.82%

Cash On Cash

3.34%

Cap Rate

0.56

DSCR

$3,246

Rent

-$1,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,246 income − $4,382 expenses = $1,136 out of pocket

Income$3,246Out of Pocket$1,136Mortgage P&I$2,29771%Property Taxes$2528%Insurance$1866%HOA$883%Management$48715%CapEx$1304%Maintenance$1304%Other$81225%

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,680

Closing costs

1%

$4,634

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$4,382

Mortgage P&I

71%

$2,297

Property Taxes

8%

$252

Home Insurance

6%

$186

HOA

3%

$88

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$812

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