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2406 Alder Pl, Suffolk, VA 23435

3 beds • 3 baths • 2535 sqft

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This property looks like a bad Airbnb investment with a projected -15.32% first-year return on $133k initial cash invested.

-15.32%

Cash On Cash

2.36%

Cap Rate

0.41

DSCR

$3,173

Rent

-$1,704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,173

Total Expenses

$4,877

Mortgage P&I

84%

$2,660

Property Taxes

14%

$442

Home Insurance

6%

$192

HOA

2%

$60

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$793

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