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307 Elizabeth St, Suffolk, VA 23434

3 beds • 2 baths • 991 sqft

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This property looks like a bad Airbnb investment with a projected -1.24% first-year return on $64,830 initial cash invested.

-1.24%

Cash On Cash

6.31%

Cap Rate

1.03

DSCR

$2,560

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,627 expenses = $67 out of pocket

Income$2,560Out of Pocket$67Mortgage P&I$1,13844%Property Taxes$1837%Insurance$783%Management$38415%CapEx$1024%Maintenance$1024%Other$64025%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,830

Downpayment

20%

$44,600

Closing costs

1%

$2,230

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,627

Mortgage P&I

44%

$1,138

Property Taxes

7%

$183

Home Insurance

3%

$78

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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