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$3,850 (target)

7371 Kirby Cres, Norfolk, VA 23505

3 beds • 3 baths • 1792 sqft

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This property looks like a bad Mid-Term investment with a projected -2.51% first-year return on $104k initial cash invested.

-2.51%

Cash On Cash

6.4%

Cap Rate

0.97

DSCR

$3,850

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $4,068 expenses = $218 out of pocket

Income$3,850Out of Pocket$218Mortgage P&I$2,25058%Property Taxes$3649%Insurance$1444%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,850

Total Expenses

$4,068

Mortgage P&I

58%

$2,250

Property Taxes

9%

$364

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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