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$3,531 (target)

2933 Cape Henry Dr, Virginia Beach, VA 23451

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Long-Term investment with a projected -15.23% first-year return on $163k initial cash invested.

-15.23%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$3,531

Rent

-$2,066

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,531 income − $5,597 expenses = $2,066 out of pocket

Income$3,531Out of Pocket$2,066Mortgage P&I$3,868110%Property Taxes$53915%Insurance$2718%Management$35310%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,531

Total Expenses

$5,597

Mortgage P&I

110%

$3,868

Property Taxes

15%

$539

Home Insurance

8%

$271

HOA

0%

$0

Property Management

10%

$353

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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