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8413 Broadway Ave, Henrico, VA 23228

3 beds • 2 baths • 1522 sqft

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This property looks like a bad Airbnb investment with a projected -0.25% first-year return on $86,712 initial cash invested.

-0.25%

Cash On Cash

6.32%

Cap Rate

1.08

DSCR

$3,626

Rent

-$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$3,644

Mortgage P&I

44%

$1,596

Property Taxes

5%

$191

Home Insurance

3%

$117

HOA

0%

$0

Property Management

15%

$544

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$906

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Henrico Gem! Close to City/West End

$3,031

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3

2

1.24 mi

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3

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2.01 mi

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$2,790

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3

2.5

1.21 mi

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$4,517

$225

3

2.5

1.97 mi

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$2,500

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4

2

1.3 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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