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1818 Tulane Rd, Norfolk, VA 23518

4 beds • 3 baths • 1805 sqft

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This property might be a fair Airbnb investment with a projected 4.21% first-year return on $104k initial cash invested.

4.21%

Cash On Cash

7.66%

Cap Rate

1.31

DSCR

$5,228

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$5,228

Total Expenses

$4,864

Mortgage P&I

35%

$1,854

Property Taxes

7%

$368

Home Insurance

3%

$133

HOA

0%

$0

Property Management

15%

$784

CapEx

4%

$209

Vacancy

0%

$0

Maintenance

4%

$209

Other

25%

$1,307

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