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1001 Scarlet Oak Ct S, Chesapeake, VA 23320

3 beds • 3 baths • 1722 sqft

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This property looks like a bad Airbnb investment with a projected -14.06% first-year return on $102k initial cash invested.

-14.06%

Cash On Cash

2.6%

Cap Rate

0.44

DSCR

$2,386

Rent

-$1,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,386 income − $3,581 expenses = $1,195 out of pocket

Income$2,386Out of Pocket$1,195Mortgage P&I$1,96582%Property Taxes$30213%Insurance$1406%HOA$301%Management$35815%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,386

Total Expenses

$3,581

Mortgage P&I

82%

$1,965

Property Taxes

13%

$302

Home Insurance

6%

$140

HOA

1%

$30

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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