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$4,346 (target)

2300 Plantation Dr, Virginia Beach, VA 23454

3 beds • 3 baths • 1596 sqft

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This property looks like a bad Mid-Term investment with a projected -3.61% first-year return on $137k initial cash invested.

-3.61%

Cash On Cash

5.39%

Cap Rate

0.91

DSCR

$4,346

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,346 income − $4,757 expenses = $411 out of pocket

Income$4,346Out of Pocket$411Mortgage P&I$2,77564%Property Taxes$3067%Insurance$1985%Management$52212%CapEx$1744%Vacancy$1303%Maintenance$1744%Other$47811%

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,346

Total Expenses

$4,757

Mortgage P&I

64%

$2,775

Property Taxes

7%

$306

Home Insurance

5%

$198

HOA

0%

$0

Property Management

12%

$522

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$478

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