REI Lense

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$3,789 (target)

225 Atlantic Ave, Hampton, VA 23664

3 beds • 2 baths • 1962 sqft

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This property could be a profitable Mid-Term investment with a projected 33.44% first-year return on $50,739 initial cash invested.

33.44%

Cash On Cash

18.36%

Cap Rate

2.91

DSCR

$3,789

Rent

$1,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,789 income − $2,375 expenses = $1,414 cash flow

Income$3,789Mortgage P&I$81922%Property Taxes$2116%Insurance$551%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%Cash Flow$1,414

Investment Breakdown

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Purchase Price

$156k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,739

Downpayment

20%

$31,180

Closing costs

1%

$1,559

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,789

Total Expenses

$2,375

Mortgage P&I

22%

$819

Property Taxes

6%

$211

Home Insurance

1%

$55

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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