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1351 Bayonne St, Norfolk, VA 23505

4 beds • 4 baths • 3160 sqft

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This property looks like a bad Airbnb investment with a projected -20.51% first-year return on $213k initial cash invested.

-20.51%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$3,677

Rent

-$3,637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$213k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,677

Total Expenses

$7,314

Mortgage P&I

125%

$4,585

Property Taxes

18%

$649

Home Insurance

9%

$315

HOA

0%

$0

Property Management

15%

$552

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$919

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2

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$2,850

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