REI Lense

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$2,682 (target)

909 Little Fork Rd, Suffolk, VA 23438

3 beds • 2 baths • 1943 sqft

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This property might be a fair Long-Term investment with a projected 0.62% first-year return on $61,950 initial cash invested.

0.62%

Cash On Cash

6.79%

Cap Rate

1.11

DSCR

$2,682

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $2,650 expenses = $32 cash flow

Income$2,682Mortgage P&I$1,50356%Property Taxes$34713%Insurance$1034%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%Cash Flow$32

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,682

Total Expenses

$2,650

Mortgage P&I

56%

$1,503

Property Taxes

13%

$347

Home Insurance

4%

$103

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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