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$3,120 (target)

906 Hancock Ave, Portsmouth, VA 23701

3 beds • 2 baths • 1100 sqft

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This property might be a fair Mid-Term investment with a projected 5% first-year return on $73,650 initial cash invested.

5%

Cash On Cash

8.5%

Cap Rate

1.3

DSCR

$3,120

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,120 income − $2,813 expenses = $307 cash flow

Income$3,120Mortgage P&I$1,44646%Property Taxes$2137%Insurance$933%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$307

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,120

Total Expenses

$2,813

Mortgage P&I

46%

$1,446

Property Taxes

7%

$213

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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