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6341 Edward St, Norfolk, VA 23513

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -14.71% first-year return on $64,050 initial cash invested.

-14.71%

Cash On Cash

2.99%

Cap Rate

0.52

DSCR

$1,422

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,422

Total Expenses

$2,207

Mortgage P&I

104%

$1,473

Property Taxes

18%

$258

Home Insurance

8%

$107

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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