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$2,704 (target)

6331 Hickory Fork Rd, Gloucester, VA 23061

3 beds • 2 baths • 1080 sqft

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This property might be a fair Mid-Term investment with a projected 4.1% first-year return on $72,600 initial cash invested.

4.1%

Cash On Cash

7.8%

Cap Rate

1.27

DSCR

$2,704

Rent

$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $2,456 expenses = $248 cash flow

Income$2,704Mortgage P&I$1,33449%Property Taxes$1134%Insurance$913%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$248

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$2,456

Mortgage P&I

49%

$1,334

Property Taxes

4%

$113

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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