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764 Greenway Rd, Suffolk, VA 23434

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -16.28% first-year return on $97,800 initial cash invested.

-16.28%

Cash On Cash

2.17%

Cap Rate

0.35

DSCR

$1,841

Rent

-$1,327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,841 income − $3,168 expenses = $1,327 out of pocket

Income$1,841Out of Pocket$1,327Mortgage P&I$1,939105%Property Taxes$21212%Insurance$1337%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,841

Total Expenses

$3,168

Mortgage P&I

105%

$1,939

Property Taxes

12%

$212

Home Insurance

7%

$133

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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