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1916 Arlington Ave, Norfolk, VA 23523

3 beds • 4 baths • 3900 sqft

$1,200,000

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This property looks like a bad Airbnb investment with a projected -24.56% first-year return on $270k initial cash invested.

-24.56%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$3,168

Rent

-$5,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,168 income − $8,693 expenses = $5,525 out of pocket

Income$3,168Out of Pocket$5,525Mortgage P&I$6,060191%Property Taxes$69222%Insurance$42013%Management$47515%CapEx$1274%Maintenance$1274%Other$79225%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,168

Total Expenses

$8,693

Mortgage P&I

191%

$6,060

Property Taxes

22%

$692

Home Insurance

13%

$420

HOA

0%

$0

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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