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809 Kemp Meadow Dr, Chesapeake, VA 23320

4 beds • 3 baths • 2164 sqft

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This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $105k initial cash invested.

-10.01%

Cash On Cash

4.04%

Cap Rate

0.7

DSCR

$2,820

Rent

-$876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,820

Total Expenses

$3,696

Mortgage P&I

86%

$2,419

Property Taxes

13%

$369

Home Insurance

6%

$175

HOA

0%

$0

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2.4 mi

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0.2 mi

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1.3 mi

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2

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2

1

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0.9 mi

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$2,850

5

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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