1944 Beagle Way

Virginia Beach, VA 23453
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4 bd, 2.5 ba | 2,704 sqft | Built in 2011

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List Price
$520,000

Initial Investment

$138,975

Purchase Price

$510,000

Down Payment

25%

Rent

$2,750

Total Return

$116,674

Annualized Return

12.0%

Cap Rate

4.0%

Gross Yield

6.5%

Cash Flow

-$8,261

Appreciation

5.6%
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Features

Occupancy

Occupied

Lease Start

06/17/2021

Lease End

06/16/2023

Lot Size

5,968

HOA

$25/mo

Flood Risk

Not Required

  • 4 bedroom / 2.5 bath with an attached 2 car garage
  • Located in a quiet neighborhood of Bernard Farms
  • Close to Lands town Commons for shopping, Veterans United Home Loans Amphitheater for entertainment, NAS Oceana, schools, interstates, hospital, and much more
  • Long term tenant in place

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Annual Financial Highlights

Expected Rent

$31,350

Expenses

-$7,485

Property Taxes

-$4,400

Loan Payments

-$27,726

Net Cash Flow

-$8,261

See more in Financials

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