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$4,118 (target)

48 Shirley Rd, Newport News, VA 23601

3 beds • 3 baths • 2251 sqft

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This property looks like a bad Mid-Term investment with a projected -2.51% first-year return on $116k initial cash invested.

-2.51%

Cash On Cash

5.81%

Cap Rate

0.97

DSCR

$4,118

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,118 income − $4,360 expenses = $242 out of pocket

Income$4,118Out of Pocket$242Mortgage P&I$2,33057%Property Taxes$46611%Insurance$1634%Management$49412%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,118

Total Expenses

$4,360

Mortgage P&I

57%

$2,330

Property Taxes

11%

$466

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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