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8212 Mona Ave, Norfolk, VA 23518

4 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -10.52% first-year return on $90,090 initial cash invested.

-10.52%

Cash On Cash

3.94%

Cap Rate

0.68

DSCR

$2,500

Rent

-$790

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,090

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,500

Total Expenses

$3,290

Mortgage P&I

83%

$2,073

Property Taxes

17%

$417

Home Insurance

6%

$150

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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