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1355 Ivywood Rd, Virginia Beach, VA 23453

2 beds • 2.5 baths • 1175 sqft

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This property might be a fair Mid-Term investment with a projected 6.34% first-year return on $61,350 initial cash invested.

6.34%

Cash On Cash

8.56%

Cap Rate

1.36

DSCR

$3,075

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $2,751 expenses = $324 cash flow

Income$3,075Mortgage P&I$1,22940%Property Taxes$1685%Insurance$752%HOA$2348%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$324

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$3,075

Total Expenses

$2,751

Mortgage P&I

40%

$1,229

Property Taxes

5%

$168

Home Insurance

2%

$75

HOA

8%

$234

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

Projection Charts

Investment Value YoY

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