REI Lense

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$3,327 (target)

110 Southerland Dr, Hampton, VA 23669

3 beds • 2 baths • 1332 sqft

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This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $75,750 initial cash invested.

6.19%

Cash On Cash

8.68%

Cap Rate

1.36

DSCR

$3,327

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,327 income − $2,936 expenses = $391 cash flow

Income$3,327Mortgage P&I$1,46644%Property Taxes$2437%Insurance$963%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%Cash Flow$391

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,327

Total Expenses

$2,936

Mortgage P&I

44%

$1,466

Property Taxes

7%

$243

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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