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927 Thatcher Way, Chesapeake, VA 23320

3 beds • 3 baths • 1881 sqft

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This property looks like a bad Airbnb investment with a projected -11.52% first-year return on $111k initial cash invested.

-11.52%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$2,580

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,580 income − $3,650 expenses = $1,070 out of pocket

Income$2,580Out of Pocket$1,070Mortgage P&I$2,21186%Property Taxes$3Insurance$1566%HOA$422%Management$38715%CapEx$1034%Maintenance$1034%Other$64525%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,580

Total Expenses

$3,650

Mortgage P&I

86%

$2,211

Property Taxes

0%

$3

Home Insurance

6%

$156

HOA

2%

$42

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$645

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