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2017 Hillsboro Ct, Virginia Beach, VA 23456

3 beds • 2 baths • 1733 sqft

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This property looks like a bad Long-Term investment with a projected -13.35% first-year return on $112k initial cash invested.

-13.35%

Cash On Cash

3.27%

Cap Rate

0.56

DSCR

$2,500

Rent

-$1,250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,500

Total Expenses

$3,750

Mortgage P&I

103%

$2,585

Property Taxes

13%

$328

Home Insurance

7%

$187

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1944 Lewisham Way, Virginia Beach, VA 23454

$2,675

3

2

1769

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2441 Hunts Neck Trl, Virginia Beach, VA 23456

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3

2

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0.1 mi

2412 Seaboard Rd, Virginia Beach, VA 23456

$2,650

3

2

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1.1 mi

1932 Rossini Dr, Virginia Beach, VA 23454

$2,700

3

2

1820

1.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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