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$3,668 (target)

412 Little Neck Rd, Virginia Beach, VA 23452

3 beds • 3 baths • 1980 sqft

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This property looks like a bad Mid-Term investment with a projected -4.06% first-year return on $110k initial cash invested.

-4.06%

Cash On Cash

5.33%

Cap Rate

0.9

DSCR

$3,668

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,668 income − $4,041 expenses = $373 out of pocket

Income$3,668Out of Pocket$373Mortgage P&I$2,17659%Property Taxes$3048%Insurance$1544%HOA$1604%Management$44012%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40311%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,668

Total Expenses

$4,041

Mortgage P&I

59%

$2,176

Property Taxes

8%

$304

Home Insurance

4%

$154

HOA

4%

$160

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$403

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