REI Lense

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$3,818 (target)

106 Ivy Home Rd, Hampton, VA 23669

3 beds • 3 baths • 1943 sqft

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This property might be a fair Mid-Term investment with a projected 5.7% first-year return on $88,350 initial cash invested.

5.7%

Cash On Cash

8.21%

Cap Rate

1.33

DSCR

$3,818

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,818 income − $3,398 expenses = $420 cash flow

Income$3,818Mortgage P&I$1,72045%Property Taxes$2627%Insurance$1173%Management$45812%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42011%Cash Flow$420

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,818

Total Expenses

$3,398

Mortgage P&I

45%

$1,720

Property Taxes

7%

$262

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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