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4505 Coronet Ave, Virginia Beach, VA 23455

4 beds • 4 baths • 2740 sqft

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This property looks like a bad Long-Term investment with a projected -19.42% first-year return on $207k initial cash invested.

-19.42%

Cash On Cash

2.26%

Cap Rate

0.37

DSCR

$3,540

Rent

-$3,348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$985k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$197k

Closing costs

1%

$9,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,540

Total Expenses

$6,888

Mortgage P&I

142%

$5,023

Property Taxes

17%

$600

Home Insurance

10%

$345

HOA

0%

$0

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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Comparable Property

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2

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$1,100

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1

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$2,850

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