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$3,490 (target)

407 Sussex Dr, Portsmouth, VA 23707

3 beds • 2 baths • 2164 sqft

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This property might be a fair Mid-Term investment with a projected 0.09% first-year return on $96,750 initial cash invested.

0.09%

Cash On Cash

6.42%

Cap Rate

1.08

DSCR

$3,490

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,490 income − $3,483 expenses = $7 cash flow

Income$3,490Mortgage P&I$1,85853%Property Taxes$3069%Insurance$1314%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$7

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,490

Total Expenses

$3,483

Mortgage P&I

53%

$1,858

Property Taxes

9%

$306

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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