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9 Rust St, Hampton, VA 23664

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Long-Term investment with a projected -6.06% first-year return on $63,000 initial cash invested.

-6.06%

Cash On Cash

4.98%

Cap Rate

0.85

DSCR

$2,010

Rent

-$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,010

Total Expenses

$2,328

Mortgage P&I

73%

$1,463

Property Taxes

12%

$238

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$100

Vacancy

6%

$121

Maintenance

5%

$100

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

3 Whitaker Ave, Hampton, VA 23664

$2,000

3

2

1387

0.1 mi

734 Burgess Ave, Hampton, VA 23664

$2,500

3

2

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0.5 mi

1843 Kensington Dr, Hampton, VA 23663

$2,000

3

2

1400

1 mi

4 Prestwick Way, Hampton, VA 23669

$2,500

3

2

1406

1.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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