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$3,048 (target)

16 Albemarle St, Portsmouth, VA 23707

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 5.09% first-year return on $74,679 initial cash invested.

5.09%

Cash On Cash

7.99%

Cap Rate

1.32

DSCR

$3,048

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,048 income − $2,731 expenses = $317 cash flow

Income$3,048Mortgage P&I$1,35845%Property Taxes$2438%Insurance$943%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$317

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

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

$3,048

Total Expenses

$2,731

Mortgage P&I

45%

$1,358

Property Taxes

8%

$243

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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