REI Lense

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$2,495 (target)

1361 Cypress Pl, Chesapeake, VA 23320

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Long-Term investment with a projected -9.91% first-year return on $89,250 initial cash invested.

-9.91%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$2,495

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,495 income − $3,232 expenses = $737 out of pocket

Income$2,495Out of Pocket$737Mortgage P&I$2,10684%Property Taxes$29612%Insurance$1496%HOA$311%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,250

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,495

Total Expenses

$3,232

Mortgage P&I

84%

$2,106

Property Taxes

12%

$296

Home Insurance

6%

$149

HOA

1%

$31

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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