REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,734 (target)

616 Flint Chip Dr, Chesapeake, VA 23320

3 beds • 3 baths • 2581 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.14% first-year return on $162k initial cash invested.

-8.14%

Cash On Cash

4.3%

Cap Rate

0.73

DSCR

$4,734

Rent

-$1,098

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,734 income − $5,832 expenses = $1,098 out of pocket

Income$4,734Out of Pocket$1,098Mortgage P&I$3,36571%Property Taxes$56312%Insurance$2405%HOA$551%Management$56812%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$52111%

Investment Breakdown

|

Purchase Price

$685k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,850

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,734

Total Expenses

$5,832

Mortgage P&I

71%

$3,365

Property Taxes

12%

$563

Home Insurance

5%

$240

HOA

1%

$55

Property Management

12%

$568

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$521

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis