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818 Augusta St, Martinsville, VA 24112

3 beds • 2 baths • 1090 sqft

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This property looks like a bad Airbnb investment with a projected -3.69% first-year return on $57,606 initial cash invested.

-3.69%

Cash On Cash

5.23%

Cap Rate

0.88

DSCR

$1,619

Rent

-$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,619 income − $1,796 expenses = $177 out of pocket

Income$1,619Out of Pocket$177Mortgage P&I$93458%Insurance$845%Management$24315%CapEx$654%Maintenance$654%Other$40525%

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,606

Downpayment

20%

$37,720

Closing costs

1%

$1,886

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,619

Total Expenses

$1,796

Mortgage P&I

58%

$934

Property Taxes

0%

$0

Home Insurance

5%

$84

HOA

0%

$0

Property Management

15%

$243

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$405

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