REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,970 (target)

904 Hancock Ave, Portsmouth, VA 23701

3 beds • 2 baths • 924 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.03% first-year return on $65,250 initial cash invested.

9.03%

Cash On Cash

9.56%

Cap Rate

1.52

DSCR

$2,970

Rent

$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,970 income − $2,479 expenses = $491 cash flow

Income$2,970Mortgage P&I$1,18240%Property Taxes$2087%Insurance$793%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$491

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,970

Total Expenses

$2,479

Mortgage P&I

40%

$1,182

Property Taxes

7%

$208

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis