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5981 Fitztown Rd, Virginia Beach, VA 23457

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $110k initial cash invested.

-13.06%

Cash On Cash

3.37%

Cap Rate

0.58

DSCR

$2,392

Rent

-$1,200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,392

Total Expenses

$3,592

Mortgage P&I

107%

$2,553

Property Taxes

10%

$232

Home Insurance

8%

$184

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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