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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 31.87% first-year return on $28,500 initial cash invested.

31.87%

Cash On Cash

27.22%

Cap Rate

4.06

DSCR

$2,454

Rent

$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,454 income − $1,697 expenses = $757 cash flow

Income$2,454Mortgage P&I$27911%Property Taxes$2229%Insurance$181%Management$36815%CapEx$984%Maintenance$984%Other$61425%Cash Flow$757

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

$2,454

Total Expenses

$1,697

Mortgage P&I

11%

$279

Property Taxes

9%

$222

Home Insurance

1%

$18

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$614

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