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$2,906 (target)

716 Tanbark Dr, Newport News, VA 23601

3 beds • 2 baths • 1322 sqft

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This property might be a fair Mid-Term investment with a projected 6.73% first-year return on $67,350 initial cash invested.

6.73%

Cash On Cash

8.63%

Cap Rate

1.41

DSCR

$2,906

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,906 income − $2,528 expenses = $378 cash flow

Income$2,906Mortgage P&I$1,19741%Property Taxes$2619%Insurance$823%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$378

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,906

Total Expenses

$2,528

Mortgage P&I

41%

$1,197

Property Taxes

9%

$261

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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