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1517 Janke Rd, Virginia Beach, VA 23455

3 beds • 2 baths • 1269 sqft

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This property looks like a bad Airbnb investment with a projected -7.34% first-year return on $96,750 initial cash invested.

-7.34%

Cash On Cash

4.28%

Cap Rate

0.74

DSCR

$2,968

Rent

-$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,968

Total Expenses

$3,560

Mortgage P&I

61%

$1,812

Property Taxes

6%

$192

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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Comparable Property

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ADR

Beds

Baths

Distance

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2

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3

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1.94 mi

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$2,916

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3

2.5

2.12 mi

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4

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

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0.6 mi

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