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2509 Lanier St, Chesapeake, VA 23324

3 beds • 3 baths • 1278 sqft

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This property looks like a bad Airbnb investment with a projected -4.23% first-year return on $82,050 initial cash invested.

-4.23%

Cash On Cash

5.13%

Cap Rate

0.88

DSCR

$2,968

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,968

Total Expenses

$3,257

Mortgage P&I

50%

$1,475

Property Taxes

8%

$250

Home Insurance

4%

$107

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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