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1020 Silver Charm Cir, Suffolk, VA 23435

3 beds • 3 baths • 2310 sqft

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This property looks like a bad Airbnb investment with a projected -15.06% first-year return on $101k initial cash invested.

-15.06%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$2,692

Rent

-$1,266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,958 expenses = $1,266 out of pocket

Income$2,692Out of Pocket$1,266Mortgage P&I$1,95573%Property Taxes$32712%Insurance$1385%HOA$2459%Management$40415%CapEx$1084%Maintenance$1084%Other$67325%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,900

Closing costs

1%

$3,945

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$3,958

Mortgage P&I

73%

$1,955

Property Taxes

12%

$327

Home Insurance

5%

$138

HOA

9%

$245

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$673

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