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1019 22nd St, Newport News, VA 23607

2 beds • 1 baths • 1038 sqft

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This property could be a profitable Airbnb investment with a projected 22.11% first-year return on $34,680 initial cash invested.

22.11%

Cash On Cash

14.28%

Cap Rate

2.36

DSCR

$2,552

Rent

$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$108k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,680

Downpayment

20%

$21,600

Closing costs

1%

$1,080

Rehab

0%

$0

Furnishing

11%

$12,000

Cashflow

Total Income

$2,552

Total Expenses

$1,913

Mortgage P&I

21%

$544

Property Taxes

4%

$106

Home Insurance

1%

$38

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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