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424 Pepper Mill Ln, Norfolk, VA 23502

3 beds • 2 baths • 1905 sqft

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This property looks like a bad Airbnb investment with a projected -7.54% first-year return on $75,750 initial cash invested.

-7.54%

Cash On Cash

4.97%

Cap Rate

0.76

DSCR

$2,744

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $3,220 expenses = $476 out of pocket

Income$2,744Out of Pocket$476Mortgage P&I$1,50555%Property Taxes$30111%Insurance$963%Management$41215%CapEx$1104%Maintenance$1104%Other$68625%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,744

Total Expenses

$3,220

Mortgage P&I

55%

$1,505

Property Taxes

11%

$301

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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