REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4505 Coronet Ave, Virginia Beach, VA 23455

4 beds • 4 baths • 2740 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.31% first-year return on $231k initial cash invested.

-8.31%

Cash On Cash

4.58%

Cap Rate

0.75

DSCR

$8,401

Rent

-$1,599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$985k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$197k

Closing costs

1%

$9,850

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$8,401

Total Expenses

$10,000

Mortgage P&I

60%

$5,023

Property Taxes

7%

$600

Home Insurance

4%

$345

HOA

0%

$0

Property Management

15%

$1,260

CapEx

4%

$336

Vacancy

0%

$0

Maintenance

4%

$336

Other

25%

$2,100

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Modern 4bdr Oceanfront home

$13,187

$818

4

4

0.3 mi

Sojourn's Sea Views with Balcony Sleeps 10

$10,092

$626

4

3

0.31 mi

Chics Beach Oceanfront Gem • Garage

$8,754

$543

3

3.5

0.24 mi

Chicks Beach Getaway large yard 500 yards to Beach

$4,691

$291

4

3

0.37 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis