Market comparison
Alexandria, VA vs Chincoteague area — Onancock, VA
On modelled numbers, Alexandria carries the higher annual revenue and Alexandria the stronger occupancy. Similar market type in the same state
| Alexandria, VA | Chincoteague area — Onancock, VA | |
|---|---|---|
| Modelled annual revenue | $53,300 | $34,300 |
| Nightly rate | $228 | $188 |
| Occupancy | 64% | 50% |
| Nights booked a year | 234 | 183 |
| Peak season | Apr–May–Oct | Apr–May–Oct |
| Season concentration | 40% in top 4 months | 40% in top 4 months |
| Modelled purchase price | $340,000 | $280,000 |
| Modelled cash-on-cash | 19% | 9% |
| Break-even occupancy | 36% | 36% |
| Mid-term monthly rent | $3,100 | $2,550 |
| Short vs mid-term | Nightly ahead | Close |
| Rule status | Status unpublished | Status unpublished |
| Market type | historic | historic |
Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers. Rule status is only stated where we hold an official source; otherwise it is marked as needing verification on each market's regulation page.
Dig into Alexandria, VA
Dig into Chincoteague area — Onancock, VA
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