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$2,954 (target)

5913 Wickham Ave, Newport News, VA 23605

3 beds • 2 baths • 1315 sqft

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This property could be a profitable Mid-Term investment with a projected 20.25% first-year return on $51,390 initial cash invested.

20.25%

Cash On Cash

13.52%

Cap Rate

2.22

DSCR

$2,954

Rent

$867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,954 income − $2,087 expenses = $867 cash flow

Income$2,954Mortgage P&I$80727%Property Taxes$2207%Insurance$562%Management$35412%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$867

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,954

Total Expenses

$2,087

Mortgage P&I

27%

$807

Property Taxes

7%

$220

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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