2804 Potts Creek Rd Covington, Virginia, 24426
3 bed • 2 bath • 9 guests
Est. $2,825/mo

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Airbnb Investor Score
$17,209
Annual Profit
3.9%
Cap Rate
2.8%
Cash on Cash
$42,208
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $140/night at 36% occupancy ($18,408.29). Airbtics projects $214/night at 54% occupancy ($42,207).
Top 43% of comparables
Top 43% of comparables
Seasonality
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Airbnb Comparables
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$42,561
Avg annual revenue
54%
Avg occupancy rate
$214
Avg nightly rate
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Revenue per year
$15k
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$17,210
Profit
Revenue
$42,208
Operating Expenses
$19,167
Operating Income
$23,041
Mortgage & Taxes
$5,831
Profit (Cash Flow)
$17,210
$615,170
Cash Investment
Down Payment
$589,000
Renos & Furnishing
$8,500
Closing Costs
$17,670
Total
$615,170
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
2.79%
Cap Rate
3.91%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$0
Deductible property tax
$5,831
Your total deduction
$48,261
Your adjusted annual income
$150,000 - $48,261 = $101,739
Taxes on $101,739 (30%)
$30,522
Your old tax bill
$45,000
Your new tax bill
$30,522
Estimated tax savings
$14,478
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
12.03 sqft
Year built:
1973
Size:
1,664 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Wall Furnace
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 1
- Lot size: 12.03 sqft
- Building area: 1,664 sqft
- Garage: No
- Heating: Wall furnace
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: Electric
- View: Creek
- Parking: None, Gravel
- Amenities: Microwave, Range/Oven
- Price per square foot: $353
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 07200000000160
- Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk
Tax Info
- Year Assessed: 2023
- Assessed Value: $37,200
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- Elementary School: Callaghan Elementary School with 7/10 star rating
- High School: Alleghany High School with 2/10 star rating