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8380 Berrybrook Dr, Salem, VA 24153

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Airbnb investment with a projected 30.48% first-year return on $28,500 initial cash invested.

30.48%

Cash On Cash

26.38%

Cap Rate

3.94

DSCR

$2,392

Rent

$724

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,392 income − $1,668 expenses = $724 cash flow

Income$2,392Mortgage P&I$27912%Property Taxes$2229%Insurance$181%Management$35915%CapEx$964%Maintenance$964%Other$59825%Cash Flow$724

Investment Breakdown

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Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

36%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$1,668

Mortgage P&I

12%

$279

Property Taxes

9%

$222

Home Insurance

1%

$18

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

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