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5001 Minden Ct, Virginia Beach, VA 23464

4 beds • 3 baths • 2250 sqft

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This property looks like a bad Airbnb investment with a projected -11.45% first-year return on $124k initial cash invested.

-11.45%

Cash On Cash

3.19%

Cap Rate

0.55

DSCR

$3,172

Rent

-$1,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,172

Total Expenses

$4,353

Mortgage P&I

73%

$2,317

Property Taxes

11%

$347

Home Insurance

5%

$166

HOA

0%

$0

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$793

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