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3600 Martin Johnson Rd, Chesapeake, VA 23323

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Airbnb investment with a projected -10.28% first-year return on $115k initial cash invested.

-10.28%

Cash On Cash

3.7%

Cap Rate

0.63

DSCR

$3,456

Rent

-$982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,456 income − $4,438 expenses = $982 out of pocket

Income$3,456Out of Pocket$982Mortgage P&I$2,26365%Property Taxes$35610%Insurance$1615%Management$51815%CapEx$1384%Maintenance$1384%Other$86425%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,456

Total Expenses

$4,438

Mortgage P&I

65%

$2,263

Property Taxes

10%

$356

Home Insurance

5%

$161

HOA

0%

$0

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$864

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