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608 Charlecote Dr, Virginia Beach, VA 23464

3 beds • 2 baths • 1574 sqft

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This property looks like a bad Airbnb investment with a projected -5.94% first-year return on $110k initial cash invested.

-5.94%

Cash On Cash

4.77%

Cap Rate

0.82

DSCR

$3,869

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,869

Total Expenses

$4,415

Mortgage P&I

55%

$2,139

Property Taxes

7%

$265

Home Insurance

4%

$154

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$967

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