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5000 Savin Ct, Virginia Beach, VA 23455

4 beds • 3 baths • 2374 sqft

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This property looks like a bad Airbnb investment with a projected -2.53% first-year return on $150k initial cash invested.

-2.53%

Cash On Cash

5.95%

Cap Rate

0.98

DSCR

$6,411

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$6,411

Total Expenses

$6,727

Mortgage P&I

47%

$3,034

Property Taxes

6%

$406

Home Insurance

3%

$210

HOA

0%

$0

Property Management

15%

$962

CapEx

4%

$256

Vacancy

0%

$0

Maintenance

4%

$256

Other

25%

$1,603

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