REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,705 (target)

755 31st St, Newport News, VA 23607

3 beds • 4 baths • 1531 sqft

Email

This property could be a profitable Mid-Term investment with a projected 29.95% first-year return on $54,729 initial cash invested.

29.95%

Cash On Cash

16.44%

Cap Rate

2.72

DSCR

$3,705

Rent

$1,366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,705 income − $2,339 expenses = $1,366 cash flow

Income$3,705Mortgage P&I$88224%Property Taxes$1364%Insurance$612%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%Cash Flow$1,366

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,705

Total Expenses

$2,339

Mortgage P&I

24%

$882

Property Taxes

4%

$136

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis