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$4,179 (target)

653 Kings Hwy, Suffolk, VA 23432

3 beds • 2 baths • 1958 sqft

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This property looks like a bad Mid-Term investment with a projected -8.07% first-year return on $147k initial cash invested.

-8.07%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$4,179

Rent

-$990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,179 income − $5,169 expenses = $990 out of pocket

Income$4,179Out of Pocket$990Mortgage P&I$3,11174%Property Taxes$42310%Insurance$2155%Management$50112%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$46011%

Investment Breakdown

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Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,179

Total Expenses

$5,169

Mortgage P&I

74%

$3,111

Property Taxes

10%

$423

Home Insurance

5%

$215

HOA

0%

$0

Property Management

12%

$501

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$460

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