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$4,023 (target)

909 Little Fork Rd, Suffolk, VA 23438

3 beds • 2 baths • 1943 sqft

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This property could be a profitable Mid-Term investment with a projected 10.52% first-year return on $79,950 initial cash invested.

10.52%

Cash On Cash

9.62%

Cap Rate

1.57

DSCR

$4,023

Rent

$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,023 income − $3,322 expenses = $701 cash flow

Income$4,023Mortgage P&I$1,50337%Property Taxes$3479%Insurance$1033%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$701

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,023

Total Expenses

$3,322

Mortgage P&I

37%

$1,503

Property Taxes

9%

$347

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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