REI Lense

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$3,116 (target)

3102 Caroline Cres, Suffolk, VA 23435

3 beds • 3 baths • 2430 sqft

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This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $108k initial cash invested.

-9.07%

Cash On Cash

4.38%

Cap Rate

0.74

DSCR

$3,116

Rent

-$817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $3,933 expenses = $817 out of pocket

Income$3,116Out of Pocket$817Mortgage P&I$2,54082%Property Taxes$37412%Insurance$1806%HOA$281%Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,116

Total Expenses

$3,933

Mortgage P&I

82%

$2,540

Property Taxes

12%

$374

Home Insurance

6%

$180

HOA

1%

$28

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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