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129 Riverview Ave, Portsmouth, VA 23704

4 beds • 3 baths • 2920 sqft

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This property looks like a bad Airbnb investment with a projected -14.19% first-year return on $125k initial cash invested.

-14.19%

Cash On Cash

2.62%

Cap Rate

0.44

DSCR

$2,975

Rent

-$1,476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$2,975

Total Expenses

$4,451

Mortgage P&I

81%

$2,404

Property Taxes

15%

$451

Home Insurance

6%

$168

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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Comparable Property

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ADR

Beds

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4

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2

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5

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2

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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