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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 -3.4% first-year return on $57,606 initial cash invested.

-3.4%

Cash On Cash

5.33%

Cap Rate

0.9

DSCR

$1,645

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,645 income − $1,808 expenses = $163 out of pocket

Income$1,645Out of Pocket$163Mortgage P&I$93457%Insurance$845%Management$24715%CapEx$664%Maintenance$664%Other$41125%

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

$1,645

Total Expenses

$1,808

Mortgage P&I

57%

$934

Property Taxes

0%

$0

Home Insurance

5%

$84

HOA

0%

$0

Property Management

15%

$247

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$411

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