101 Elmington Way

Suffolk, VA 23434
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3 bd, 2.5 ba | 1,936 sqft | Built in 2009

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List Price
$265,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$1,450

Total Return

$66,500

Annualized Return

16.2%

Cap Rate

4.9%

Gross Yield

8.3%

Cash Flow

-$1,582

Appreciation

6.3%
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Features

Occupancy

Occupied

Lease Start

07/01/2016

Lease End

04/30/2022

Lot Size

15,000

HOA

$6/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$3,895

Property Taxes

-$2,800

Loan Payments

-$11,417

Net Cash Flow

-$1,582

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