REI Lense

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$4,209 (target)

101 Stephens Ct, Suffolk, VA 23434

3 beds • 3 baths • 1752 sqft

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This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $105k initial cash invested.

0.94%

Cash On Cash

6.88%

Cap Rate

1.12

DSCR

$4,209

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,209 income − $4,127 expenses = $82 cash flow

Income$4,209Mortgage P&I$2,13051%Property Taxes$3057%Insurance$1453%HOA$1173%Management$50512%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46311%Cash Flow$82

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,209

Total Expenses

$4,127

Mortgage P&I

51%

$2,130

Property Taxes

7%

$305

Home Insurance

3%

$145

HOA

3%

$117

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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