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336 E Randall Ave, Norfolk, VA 23503

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Airbnb investment with a projected -8.68% first-year return on $91,500 initial cash invested.

-8.68%

Cash On Cash

4.03%

Cap Rate

0.68

DSCR

$2,868

Rent

-$662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $3,530 expenses = $662 out of pocket

Income$2,868Out of Pocket$662Mortgage P&I$1,72360%Property Taxes$30811%Insurance$1224%Management$43015%CapEx$1154%Maintenance$1154%Other$71725%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$3,530

Mortgage P&I

60%

$1,723

Property Taxes

11%

$308

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$717

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