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9345 Warwick Ave, Norfolk, VA 23503

4 beds • 2 baths • 1959 sqft

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This property looks like a bad Long-Term investment with a projected -10.91% first-year return on $91,329 initial cash invested.

-10.91%

Cash On Cash

3.9%

Cap Rate

0.67

DSCR

$2,460

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$3,290

Mortgage P&I

86%

$2,121

Property Taxes

15%

$377

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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$1,100

2

1

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$2,850

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