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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 -19.53% first-year return on $133k initial cash invested.

-19.53%

Cash On Cash

1.26%

Cap Rate

0.22

DSCR

$2,273

Rent

-$2,172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,273 income − $4,445 expenses = $2,172 out of pocket

Income$2,273Out of Pocket$2,172Mortgage P&I$2,660117%Property Taxes$44219%Insurance$1928%HOA$603%Management$34115%CapEx$914%Maintenance$914%Other$56825%

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

$2,273

Total Expenses

$4,445

Mortgage P&I

117%

$2,660

Property Taxes

19%

$442

Home Insurance

8%

$192

HOA

3%

$60

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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