REI Lense

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$3,645 (target)

1349 Great Bridge Blvd, Chesapeake, VA 23320

3 beds • 2 baths • 1360 sqft

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This property might be a fair Mid-Term investment with a projected 7.4% first-year return on $84,150 initial cash invested.

7.4%

Cash On Cash

8.48%

Cap Rate

1.43

DSCR

$3,645

Rent

$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,645

Total Expenses

$3,126

Mortgage P&I

43%

$1,560

Property Taxes

6%

$217

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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