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1019 22nd St, Newport News, VA 23607

2 beds • 1 baths • 1038 sqft

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This property could be a profitable Long-Term investment with a projected 16.4% first-year return on $22,680 initial cash invested.

16.4%

Cash On Cash

10.24%

Cap Rate

1.69

DSCR

$1,350

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$108k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,680

Downpayment

20%

$21,600

Closing costs

1%

$1,080

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,350

Total Expenses

$1,040

Mortgage P&I

40%

$544

Property Taxes

8%

$106

Home Insurance

3%

$38

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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