REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1351 Bayonne St, Norfolk, VA 23505

4 beds • 4 baths • 3160 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.94% first-year return on $189k initial cash invested.

-19.94%

Cash On Cash

2.15%

Cap Rate

0.35

DSCR

$3,260

Rent

-$3,137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,260

Total Expenses

$6,397

Mortgage P&I

141%

$4,585

Property Taxes

20%

$649

Home Insurance

10%

$315

HOA

0%

$0

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1208 N Fairwater Dr, Norfolk, VA 23508

$3,300

4

3

3028

0.6 mi

6314 Richmond Pl, Norfolk, VA 23508

$3,400

4

3.5

2700

0.8 mi

1034 Jamestown Cres, Norfolk, VA 23508

$3,750

4

3

3032

1 mi

6414 Wythe Pl, Norfolk, VA 23508

$4,300

4

2.5

3162

0.8 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis