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$3,814 (target)

1340 Cypress Pl, Chesapeake, VA 23320

3 beds • 3 baths • 1861 sqft

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This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $102k initial cash invested.

0.82%

Cash On Cash

6.62%

Cap Rate

1.11

DSCR

$3,814

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,814 income − $3,744 expenses = $70 cash flow

Income$3,814Mortgage P&I$1,98252%Property Taxes$2938%Insurance$1404%HOA$311%Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$42011%Cash Flow$70

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,814

Total Expenses

$3,744

Mortgage P&I

52%

$1,982

Property Taxes

8%

$293

Home Insurance

4%

$140

HOA

1%

$31

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$420

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