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$3,663 (target)

3901 Wedgewood Dr, Chesapeake, VA 23321

3 beds • 2 baths • 1641 sqft

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This property looks like a bad Mid-Term investment with a projected -6.36% first-year return on $125k initial cash invested.

-6.36%

Cash On Cash

4.88%

Cap Rate

0.8

DSCR

$3,663

Rent

-$663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,663 income − $4,326 expenses = $663 out of pocket

Income$3,663Out of Pocket$663Mortgage P&I$2,58971%Property Taxes$3129%Insurance$1785%Management$44012%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40311%

Investment Breakdown

|

Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,663

Total Expenses

$4,326

Mortgage P&I

71%

$2,589

Property Taxes

9%

$312

Home Insurance

5%

$178

HOA

0%

$0

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$403

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