REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

536 Southgate Ave, Virginia Beach, VA 23462

4 beds • 3 baths • 2114 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.36% first-year return on $88,179 initial cash invested.

-8.36%

Cash On Cash

4.45%

Cap Rate

0.76

DSCR

$2,470

Rent

-$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,179

Downpayment

20%

$83,980

Closing costs

1%

$4,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$3,084

Mortgage P&I

83%

$2,048

Property Taxes

10%

$246

Home Insurance

6%

$147

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

661 Liberty Bell Rd, Virginia Beach, VA 23462

$2,700

4

3

2100

1.2 mi

5081 Holly Farms Dr, Virginia Beach, VA 23462

$2,550

4

2.5

1950

0.5 mi

344 Lavender Ln, Virginia Beach, VA 23462

$2,350

4

3

1694

0.4 mi

648 Revival Ln, Virginia Beach, VA 23462

$3,000

4

4

2090

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis