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8212 Mona Ave, Norfolk, VA 23518

4 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -3.43% first-year return on $114k initial cash invested.

-3.43%

Cash On Cash

5.38%

Cap Rate

0.93

DSCR

$4,450

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,450

Total Expenses

$4,776

Mortgage P&I

47%

$2,073

Property Taxes

9%

$417

Home Insurance

3%

$150

HOA

0%

$0

Property Management

15%

$668

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,112

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