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6824 Constance Dr, Springfield, VA 22150

3 beds • 3 baths • 1923 sqft

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This property looks like a bad Airbnb investment with a projected -24.34% first-year return on $174k initial cash invested.

-24.34%

Cash On Cash

0.43%

Cap Rate

0.07

DSCR

$2,037

Rent

-$3,539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $5,576 expenses = $3,539 out of pocket

Income$2,037Out of Pocket$3,539Mortgage P&I$3,725183%Property Taxes$61330%Insurance$26113%Management$30615%CapEx$814%Maintenance$814%Other$50925%

Investment Breakdown

|

Purchase Price

$745k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,450

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$5,576

Mortgage P&I

183%

$3,725

Property Taxes

30%

$613

Home Insurance

13%

$261

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$509

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