REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3616 Parr Ln, Chesapeake, VA 23323

3 beds • 2 baths • 1534 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.57% first-year return on $112k initial cash invested.

-8.57%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$3,568

Rent

-$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,568 income − $4,367 expenses = $799 out of pocket

Income$3,568Out of Pocket$799Mortgage P&I$2,21562%Property Taxes$2838%Insurance$1564%Management$53515%CapEx$1434%Maintenance$1434%Other$89225%

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,400

Closing costs

1%

$4,470

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,568

Total Expenses

$4,367

Mortgage P&I

62%

$2,215

Property Taxes

8%

$283

Home Insurance

4%

$156

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$892

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis