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23 Colony Rd, Newport News, VA 23602

3 beds • 2 baths • 1193 sqft

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This property might be a fair Long-Term investment with a projected 2.8% first-year return on $41,979 initial cash invested.

2.8%

Cash On Cash

7.19%

Cap Rate

1.19

DSCR

$1,890

Rent

$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$1,792

Mortgage P&I

53%

$1,006

Property Taxes

12%

$226

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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