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$3,316 (target)

798 Old Oyster Point Rd, Newport News, VA 23602

3 beds • 2 baths • 1284 sqft

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This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $87,279 initial cash invested.

2.06%

Cash On Cash

7.14%

Cap Rate

1.17

DSCR

$3,316

Rent

$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $3,166 expenses = $150 cash flow

Income$3,316Mortgage P&I$1,68151%Property Taxes$2417%Insurance$1163%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%Cash Flow$150

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$3,166

Mortgage P&I

51%

$1,681

Property Taxes

7%

$241

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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