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$4,030 (target)

6403 Old Westham Dr N, Suffolk, VA 23435

3 beds • 3 baths • 2428 sqft

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This property might be a fair Mid-Term investment with a projected 7.96% first-year return on $83,079 initial cash invested.

7.96%

Cash On Cash

8.85%

Cap Rate

1.45

DSCR

$4,030

Rent

$551

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,030 income − $3,479 expenses = $551 cash flow

Income$4,030Mortgage P&I$1,57339%Property Taxes$38310%Insurance$1083%HOA$451%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$551

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,030

Total Expenses

$3,479

Mortgage P&I

39%

$1,573

Property Taxes

10%

$383

Home Insurance

3%

$108

HOA

1%

$45

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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