REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,184 (target)

1620 Colonial Ave, Suffolk, VA 23434

3 beds • 2 baths • 1630 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $80,850 initial cash invested.

-9.51%

Cash On Cash

4.46%

Cap Rate

0.73

DSCR

$2,184

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,825 expenses = $641 out of pocket

Income$2,184Out of Pocket$641Mortgage P&I$1,96490%Property Taxes$1597%Insurance$1356%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$2,825

Mortgage P&I

90%

$1,964

Property Taxes

7%

$159

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis