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$3,138 (target)

6844 Motley Landing Dr, Gloucester, VA 23061

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Mid-Term investment with a projected -5.4% first-year return on $97,800 initial cash invested.

-5.4%

Cash On Cash

5.56%

Cap Rate

0.85

DSCR

$3,138

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,138 income − $3,578 expenses = $440 out of pocket

Income$3,138Out of Pocket$440Mortgage P&I$2,07466%Property Taxes$1685%Insurance$1334%HOA$1354%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34511%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,138

Total Expenses

$3,578

Mortgage P&I

66%

$2,074

Property Taxes

5%

$168

Home Insurance

4%

$133

HOA

4%

$135

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$345

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