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9345 Warwick Ave, Norfolk, VA 23503

4 beds • 2 baths • 1959 sqft

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This property looks like a bad Airbnb investment with a projected -5.12% first-year return on $115k initial cash invested.

-5.12%

Cash On Cash

4.95%

Cap Rate

0.85

DSCR

$4,150

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,150

Total Expenses

$4,642

Mortgage P&I

51%

$2,121

Property Taxes

9%

$377

Home Insurance

4%

$152

HOA

0%

$0

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,038

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