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$4,154 (target)

128 Convention Dr, Virginia Beach, VA 23462

3 beds • 3 baths • 2515 sqft

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This property looks like a bad Mid-Term investment with a projected -5.54% first-year return on $132k initial cash invested.

-5.54%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$4,154

Rent

-$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,154 income − $4,766 expenses = $612 out of pocket

Income$4,154Out of Pocket$612Mortgage P&I$2,74166%Property Taxes$42210%Insurance$1915%Management$49812%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,154

Total Expenses

$4,766

Mortgage P&I

66%

$2,741

Property Taxes

10%

$422

Home Insurance

5%

$191

HOA

0%

$0

Property Management

12%

$498

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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