REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,448 (target)

302 Carriage Ct, Suffolk, VA 23434

3 beds • 2 baths • 1656 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.48% first-year return on $81,879 initial cash invested.

-9.48%

Cash On Cash

4.48%

Cap Rate

0.74

DSCR

$2,448

Rent

-$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,448 income − $3,095 expenses = $647 out of pocket

Income$2,448Out of Pocket$647Mortgage P&I$1,98281%Property Taxes$31713%Insurance$1366%HOA$241%Management$24510%CapEx$1225%Vacancy$1476%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,448

Total Expenses

$3,095

Mortgage P&I

81%

$1,982

Property Taxes

13%

$317

Home Insurance

6%

$136

HOA

1%

$24

Property Management

10%

$245

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis