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317 George Washington Hwy S, Chesapeake, VA 23323
3 beds • 2 baths • 1869 sqft
$635,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -14.26% first-year return on $151k initial cash invested.
-14.26%
Cash On Cash
2.8%
Cap Rate
0.47
DSCR
$3,775
Rent
-$1,799
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,775 income − $5,574 expenses = $1,799 out of pocket
Investment Breakdown
|
Purchase Price
$635k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$151k
Downpayment
20%
$127k
Closing costs
1%
$6,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,775
Total Expenses
$5,574
Mortgage P&I
83%
$3,128
Property Taxes
11%
$412
Home Insurance
6%
$222
HOA
0%
$0
Property Management
15%
$566
CapEx
4%
$151
Vacancy
0%
$0
Maintenance
4%
$151
Other
25%
$944