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$3,105 (target)

2 Kennedy Dr, Portsmouth, VA 23702

3 beds • 2 baths • 1585 sqft

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This property could be a profitable Mid-Term investment with a projected 13.41% first-year return on $62,100 initial cash invested.

13.41%

Cash On Cash

10.93%

Cap Rate

1.75

DSCR

$3,105

Rent

$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,105 income − $2,411 expenses = $694 cash flow

Income$3,105Mortgage P&I$1,09435%Property Taxes$1876%Insurance$742%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$694

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,105

Total Expenses

$2,411

Mortgage P&I

35%

$1,094

Property Taxes

6%

$187

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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