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7507 Pennington Rd, Norfolk, VA 23505

3 beds • 2 baths • 1365 sqft

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This property looks like a bad Airbnb investment with a projected -5.68% first-year return on $55,170 initial cash invested.

-5.68%

Cash On Cash

5.38%

Cap Rate

0.81

DSCR

$1,898

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $2,159 expenses = $261 out of pocket

Income$1,898Out of Pocket$261Mortgage P&I$97852%Property Taxes$20811%Insurance$623%Management$28515%CapEx$764%Maintenance$764%Other$47425%

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$2,159

Mortgage P&I

52%

$978

Property Taxes

11%

$208

Home Insurance

3%

$62

HOA

0%

$0

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

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