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$2,984 (target)

4020 Forresthills Dr, Portsmouth, VA 23703

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Mid-Term investment with a projected -3.28% first-year return on $94,650 initial cash invested.

-3.28%

Cash On Cash

5.51%

Cap Rate

0.92

DSCR

$2,984

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $3,243 expenses = $259 out of pocket

Income$2,984Out of Pocket$259Mortgage P&I$1,81661%Property Taxes$28510%Insurance$1284%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$3,243

Mortgage P&I

61%

$1,816

Property Taxes

10%

$285

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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