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7 Vera Cir, Newport News, VA 23601

3 beds • 2 baths • 1266 sqft

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This property looks like a bad Airbnb investment with a projected -9.65% first-year return on $83,100 initial cash invested.

-9.65%

Cash On Cash

3.7%

Cap Rate

0.62

DSCR

$2,378

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $3,046 expenses = $668 out of pocket

Income$2,378Out of Pocket$668Mortgage P&I$1,52864%Property Taxes$26911%Insurance$1085%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$3,046

Mortgage P&I

64%

$1,528

Property Taxes

11%

$269

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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