REI Lense

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$3,063 (target)

101 Hopemont Ln, Suffolk, VA 23434

3 beds • 3 baths • 1510 sqft

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $89,400 initial cash invested.

-1.19%

Cash On Cash

6.15%

Cap Rate

1.02

DSCR

$3,063

Rent

-$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,063 income − $3,152 expenses = $89 out of pocket

Income$3,063Out of Pocket$89Mortgage P&I$1,70856%Property Taxes$2568%Insurance$1194%HOA$261%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,063

Total Expenses

$3,152

Mortgage P&I

56%

$1,708

Property Taxes

8%

$256

Home Insurance

4%

$119

HOA

1%

$26

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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