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116 Old Field Rd, Williamsburg, VA 23188

4 beds • 3 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -6.07% first-year return on $93,450 initial cash invested.

-6.07%

Cash On Cash

4.9%

Cap Rate

0.85

DSCR

$2,880

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,450

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,880

Total Expenses

$3,353

Mortgage P&I

75%

$2,146

Property Taxes

10%

$279

Home Insurance

5%

$156

HOA

1%

$23

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

120 Ferncliff Dr, Williamsburg, VA 23188

$2,950

4

3

2252

0.8 mi

4501 Greendale Dr, Williamsburg, VA 23188

$2,800

4

3

2438

0.9 mi

164 Old Field Rd, Williamsburg, VA 23188

$2,750

4

2.5

2207

0.1 mi

4299 John Tyler Hwy, Williamsburg, VA 23185

$3,080

4

2.5

2300

1.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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