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536 Southgate Ave, Virginia Beach, VA 23462

4 beds • 3 baths • 2114 sqft

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This property looks like a bad Airbnb investment with a projected -11.45% first-year return on $112k initial cash invested.

-11.45%

Cash On Cash

3.1%

Cap Rate

0.53

DSCR

$2,639

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$83,980

Closing costs

1%

$4,199

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$2,639

Total Expenses

$3,709

Mortgage P&I

78%

$2,048

Property Taxes

9%

$246

Home Insurance

6%

$147

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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