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2713 Shirley Landing Dr, Virginia Beach, VA 23457
3 beds • 3 baths • 2062 sqft
$600,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $144k initial cash invested.
-6.83%
Cash On Cash
4.77%
Cap Rate
0.79
DSCR
$4,258
Rent
-$820
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,258 income − $5,078 expenses = $820 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,258
Total Expenses
$5,078
Mortgage P&I
71%
$3,033
Property Taxes
9%
$388
Home Insurance
5%
$210
HOA
0%
$0
Property Management
12%
$511
CapEx
4%
$170
Vacancy
3%
$128
Maintenance
4%
$170
Other
11%
$468