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7320 Shirland Ave, Norfolk, VA 23505

4 beds • 3 baths • 3999 sqft

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This property looks like a bad Airbnb investment with a projected -23.81% first-year return on $234k initial cash invested.

-23.81%

Cash On Cash

0.73%

Cap Rate

0.12

DSCR

$3,823

Rent

-$4,639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$999k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$200k

Closing costs

1%

$9,990

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$3,823

Total Expenses

$8,462

Mortgage P&I

133%

$5,095

Property Taxes

31%

$1,182

Home Insurance

9%

$350

HOA

0%

$0

Property Management

15%

$573

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$956

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