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$1,937 (target)

716 Tanbark Dr, Newport News, VA 23601

3 beds • 2 baths • 1322 sqft

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This property looks like a bad Long-Term investment with a projected -2.6% first-year return on $49,350 initial cash invested.

-2.6%

Cash On Cash

6.06%

Cap Rate

0.99

DSCR

$1,937

Rent

-$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,937 income − $2,044 expenses = $107 out of pocket

Income$1,937Out of Pocket$107Mortgage P&I$1,19762%Property Taxes$26113%Insurance$824%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,937

Total Expenses

$2,044

Mortgage P&I

62%

$1,197

Property Taxes

13%

$261

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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