3048 Bay Shore Ln
Suffolk, VA 23435
List Price
$425,000
Initial Investment
$115,813$
about the purchase process.
Features
Occupancy
Occupied
Lease Start
01/15/2013
Lease End
01/15/2023
Property Type
Condo
Lot Size
1,245
HOA
$380/mo
Flood Risk
Not Required
- 4 bedroom / 3.5 bath condo with an attached 2 car garage
- Long term tenant in place
- Located in a quiet neighborhood
- Minutes from shopping centers, golf courses, restaurants and schools
See more in Analysis
Annual Financial Highlights
Expected Rent
$31,350Expenses
-$11,866Property Taxes
-$3,800Loan Payments
-$23,105Net Cash Flow
-$7,421See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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