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614 Woods Rd, Newport News, VA 23601

3 beds • 2 baths • 1211 sqft

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This property looks like a bad Airbnb investment with a projected -7.29% first-year return on $80,790 initial cash invested.

-7.29%

Cash On Cash

4.42%

Cap Rate

0.74

DSCR

$2,636

Rent

-$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,636 income − $3,127 expenses = $491 out of pocket

Income$2,636Out of Pocket$491Mortgage P&I$1,48856%Property Taxes$27010%Insurance$1054%Management$39515%CapEx$1054%Maintenance$1054%Other$65925%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,636

Total Expenses

$3,127

Mortgage P&I

56%

$1,488

Property Taxes

10%

$270

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$659

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