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$4,056 (target)

2749 Meadow Dr E, Chesapeake, VA 23321

3 beds • 2 baths • 1987 sqft

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This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $102k initial cash invested.

2.86%

Cash On Cash

7.23%

Cap Rate

1.2

DSCR

$4,056

Rent

$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,056 income − $3,813 expenses = $243 cash flow

Income$4,056Mortgage P&I$2,00449%Property Taxes$2907%Insurance$1403%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$243

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,056

Total Expenses

$3,813

Mortgage P&I

49%

$2,004

Property Taxes

7%

$290

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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