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909 Mortimer Ave, Fredericksburg, VA 22401

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Airbnb investment with a projected -21.21% first-year return on $193k initial cash invested.

-21.21%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$2,994

Rent

-$3,405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$832k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$166k

Closing costs

1%

$8,316

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,994

Total Expenses

$6,399

Mortgage P&I

139%

$4,153

Property Taxes

17%

$511

Home Insurance

10%

$298

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Prof Row Cottage; 3Br/1Ba house w/kitchen!

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3

1

0.24 mi

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4

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0.54 mi

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$5,543

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2

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$1,997

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2

1.5

0.58 mi

104 W Rancho Del Cerro

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4

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1.3 mi

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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

2022 S American St

$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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