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710 James Dr, Newport News, VA 23605

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Airbnb investment with a projected -6.26% first-year return on $84,150 initial cash invested.

-6.26%

Cash On Cash

4.57%

Cap Rate

0.79

DSCR

$2,844

Rent

-$439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$3,283

Mortgage P&I

54%

$1,524

Property Taxes

10%

$283

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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