REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,280 (target)

9620 Marlina Ct, Norfolk, VA 23503

3 beds • 3 baths • 1339 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.88% first-year return on $75,579 initial cash invested.

-7.88%

Cash On Cash

4.64%

Cap Rate

0.78

DSCR

$2,280

Rent

-$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,280 income − $2,776 expenses = $496 out of pocket

Income$2,280Out of Pocket$496Mortgage P&I$1,77578%Property Taxes$28212%Insurance$1266%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,280

Total Expenses

$2,776

Mortgage P&I

78%

$1,775

Property Taxes

12%

$282

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis