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8206 McCloy Rd, Norfolk, VA 23505

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Long-Term investment with a projected -9.82% first-year return on $71,400 initial cash invested.

-9.82%

Cash On Cash

4.11%

Cap Rate

0.7

DSCR

$1,878

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,878

Total Expenses

$2,462

Mortgage P&I

88%

$1,654

Property Taxes

11%

$200

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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