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8900 Michaux Ln, Henrico, VA 23229

3 beds • 2 baths • 1894 sqft

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This property might be a fair Airbnb investment with a projected 9.19% first-year return on $49,500 initial cash invested.

9.19%

Cash On Cash

9.85%

Cap Rate

1.66

DSCR

$2,737

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,737 income − $2,358 expenses = $379 cash flow

Income$2,737Mortgage P&I$74327%Property Taxes$2509%Insurance$522%Management$41115%CapEx$1094%Maintenance$1094%Other$68425%Cash Flow$379

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,737

Total Expenses

$2,358

Mortgage P&I

27%

$743

Property Taxes

9%

$250

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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