REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,232 (target)

1323 Oleander Ave, Chesapeake, VA 23325

3 beds • 2 baths • 1300 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $90,450 initial cash invested.

1.62%

Cash On Cash

6.89%

Cap Rate

1.15

DSCR

$3,232

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,232 income − $3,110 expenses = $122 cash flow

Income$3,232Mortgage P&I$1,72953%Property Taxes$1615%Insurance$1214%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%Cash Flow$122

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,232

Total Expenses

$3,110

Mortgage P&I

54%

$1,729

Property Taxes

5%

$161

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis