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801 Eastover Pkwy, Locust Grove, VA 22508

3 beds • 3 baths • 2840 sqft

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This property looks like a bad Airbnb investment with a projected -9.43% first-year return on $121k initial cash invested.

-9.43%

Cash On Cash

3.96%

Cap Rate

0.67

DSCR

$4,052

Rent

-$952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,052 income − $5,004 expenses = $952 out of pocket

Income$4,052Out of Pocket$952Mortgage P&I$2,40959%Property Taxes$2586%Insurance$1754%HOA$2175%Management$60815%CapEx$1624%Maintenance$1624%Other$1,01325%

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,180

Closing costs

1%

$4,909

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,052

Total Expenses

$5,004

Mortgage P&I

59%

$2,409

Property Taxes

6%

$258

Home Insurance

4%

$175

HOA

5%

$217

Property Management

15%

$608

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,013

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