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$4,094 (target)

8059 W Glen Rd, Norfolk, VA 23505

3 beds • 3 baths • 1832 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $107k initial cash invested.

0.27%

Cash On Cash

6.56%

Cap Rate

1.09

DSCR

$4,094

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $4,070 expenses = $24 cash flow

Income$4,094Mortgage P&I$2,13452%Property Taxes$39510%Insurance$1494%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$24

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$4,070

Mortgage P&I

52%

$2,134

Property Taxes

10%

$395

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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