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23 Colony Rd, Newport News, VA 23602

3 beds • 2 baths • 1193 sqft

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This property might be a fair Airbnb investment with a projected 6.18% first-year return on $59,979 initial cash invested.

6.18%

Cash On Cash

8.64%

Cap Rate

1.43

DSCR

$3,098

Rent

$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$2,789

Mortgage P&I

32%

$1,006

Property Taxes

7%

$226

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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