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2400 Toro Ct, Virginia Beach, VA 23456

3 beds • 3 baths • 2400 sqft

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This property looks like a bad Airbnb investment with a projected -18.51% first-year return on $180k initial cash invested.

-18.51%

Cash On Cash

1.95%

Cap Rate

0.32

DSCR

$3,578

Rent

-$2,772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,578 income − $6,350 expenses = $2,772 out of pocket

Income$3,578Out of Pocket$2,772Mortgage P&I$3,882108%Property Taxes$48113%Insurance$2708%Management$53715%CapEx$1434%Maintenance$1434%Other$89425%

Investment Breakdown

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Purchase Price

$770k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,699

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,578

Total Expenses

$6,350

Mortgage P&I

109%

$3,882

Property Taxes

13%

$481

Home Insurance

8%

$270

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$894

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