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1204 Minden Rd, Virginia Beach, VA 23464

3 beds • 2 baths • 1324 sqft

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This property looks like a bad Airbnb investment with a projected -14.04% first-year return on $97,800 initial cash invested.

-14.04%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$2,078

Rent

-$1,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,078 income − $3,222 expenses = $1,144 out of pocket

Income$2,078Out of Pocket$1,144Mortgage P&I$1,87490%Property Taxes$21710%Insurance$1336%Management$31215%CapEx$834%Maintenance$834%Other$52025%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,078

Total Expenses

$3,222

Mortgage P&I

90%

$1,874

Property Taxes

10%

$217

Home Insurance

6%

$133

HOA

0%

$0

Property Management

15%

$312

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$520

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