REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,388 (target)

3636 Amherst St, Norfolk, VA 23513

3 beds • 2 baths • 1438 sqft

Email

This property could be a profitable Mid-Term investment with a projected 17.39% first-year return on $59,559 initial cash invested.

17.39%

Cash On Cash

12.15%

Cap Rate

1.99

DSCR

$3,388

Rent

$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,388 income − $2,525 expenses = $863 cash flow

Income$3,388Mortgage P&I$1,00530%Property Taxes$2979%Insurance$692%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%Cash Flow$863

Investment Breakdown

|

Purchase Price

$198k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,559

Downpayment

20%

$39,580

Closing costs

1%

$1,979

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,388

Total Expenses

$2,525

Mortgage P&I

30%

$1,005

Property Taxes

9%

$297

Home Insurance

2%

$69

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis