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121 Sandpiper Dr, Portsmouth, VA 23704

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Airbnb investment with a projected -9.78% first-year return on $81,000 initial cash invested.

-9.78%

Cash On Cash

3.66%

Cap Rate

0.62

DSCR

$2,235

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,235 income − $2,895 expenses = $660 out of pocket

Income$2,235Out of Pocket$660Mortgage P&I$1,48666%Property Taxes$23210%Insurance$1055%Management$33515%CapEx$894%Maintenance$894%Other$55925%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,235

Total Expenses

$2,895

Mortgage P&I

66%

$1,486

Property Taxes

10%

$232

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$559

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