REI Lense

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$3,597 (target)

213 Beach Rd, Hampton, VA 23664

3 beds • 2 baths • 1760 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $91,479 initial cash invested.

1.47%

Cash On Cash

7.28%

Cap Rate

1.14

DSCR

$3,597

Rent

$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,597 income − $3,485 expenses = $112 cash flow

Income$3,597Mortgage P&I$1,86652%Property Taxes$2738%Insurance$1223%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$112

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,597

Total Expenses

$3,485

Mortgage P&I

52%

$1,866

Property Taxes

8%

$273

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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