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$2,760 (target)

1405 Perry St, Chesapeake, VA 23324

3 beds • 2 baths • 1213 sqft

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This property might be a fair Mid-Term investment with a projected 2.49% first-year return on $74,679 initial cash invested.

2.49%

Cash On Cash

7.3%

Cap Rate

1.19

DSCR

$2,760

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $2,605 expenses = $155 cash flow

Income$2,760Mortgage P&I$1,37750%Property Taxes$1967%Insurance$943%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30411%Cash Flow$155

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,760

Total Expenses

$2,605

Mortgage P&I

50%

$1,377

Property Taxes

7%

$196

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$304

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