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Investment review

137 Bishop Thoroughgood Avenue

Virginia Beach, VA 23451 · 10637084

Deterministic analysisRESEARCH_COMPLETECanonical property connected
Research complete: not an existing rental.Financial GTP policy, rating and recommendation are not applicable; no completed dwelling or buyer tax is invented.

Agent research — proposed construction screening

Evidence-backed research recommendation: do not underwrite this listing as an existing rentable dwelling. A construction/completion-specific assessment is a different prerequisite, not an existing-home rental calculation or an owner investment decision.

The offering remains marketed new construction on a parcel classified as vacant residential land. Completed rentable dwelling existence and completed-improvement buyer tax are not established.

AI_DECISION_MADE: Fresh exact REIN inspection confirms the same pending MLS and price. The seven-photo gallery overview reviewed at 15:05 UTC contains lot views, a house rendering, elevation drawings and aerial context; the enlarged second image is explicitly an illustrative rendering, not a completed-house photograph. The official exact parcel, updated October 15, still reports vacant residential land, zero improvement value and no building data. Land-book history excludes mid-cycle adjustments, so assessment data alone cannot prove present physical vacancy. Combined visible evidence supports retaining proposed-construction screening, with high confidence in withholding existing-rental underwriting but no claim that physical completion is impossible. Marketing dimensions and year are prospective house attributes, not verified completion. Preserve prior prospective rent research without retiming it or presenting it as achieved income. No financial recommendation is made; existing-rental cash flow, returns and DSCR remain not applicable.

Next worker-owned action: Investment worker retains future same-episode reassessment when completion evidence changes. Inspect current exact listing/gallery and attributable completion/building records; establish an actual rentable dwelling and completed-improvement buyer tax through guarded factual interfaces before renewing rental evidence and underwriting. Preserve prior receipts and prospective rental research; no owner decision or Saved Deal is created.

No financial recommendation: the rent-estimate exception cannot establish missing property facts.

Asking price$795,000
Total capital neededNot applicable
Monthly cash flowNot applicable
DSCRNot applicable

Identity and physical facts

Property and listing

Bedrooms
4DETERMINISTIC
Bathrooms
3.5DETERMINISTIC
Square feet
3,056DETERMINISTIC
Year built
2026DETERMINISTIC
Property type
Vacant Residential LandDETERMINISTIC
Lot size
Not capturedPending enrichment
MLS
10637084DETERMINISTIC

Low, high, and recommended monthly rent

Rental estimate

Low rent
$3,400Prospective-housing rent context only; research screening complete, no existing-rental underwriting
High rent
$4,125Prospective-housing rent context only; research screening complete, no existing-rental underwriting
Recommended rent
$3,600Prospective-housing rent context only; research screening complete, no existing-rental underwriting
Confidence
65.00%Prospective-housing rent context only; research screening complete, no existing-rental underwriting
Source-site rent estimate
Not capturedPending enrichment

Financial decision flow

Follow the money from purchase to return

Start with the cash needed upfront, then review monthly costs, and finish with the resulting investment returns.

Step 1 · Cash needed upfront

One-time capital needed

Purchase cash, initial reserves, and the related loan terms

Down payment
Not applicableResearch screening only; no financial analysis of a completed dwelling
Rehabilitation budget
Not applicableResearch screening only; no financial analysis of a completed dwelling
Closing costs
Not applicableResearch screening only; no financial analysis of a completed dwelling
Purchase cash before reserves
Not applicableResearch screening only; no financial analysis of a completed dwelling
Initial property reserve
Not applicableResearch screening only; no financial analysis of a completed dwelling
Initial business reserve
Not applicableResearch screening only; no financial analysis of a completed dwelling
Total capital needed
Not applicableResearch screening only; no financial analysis of a completed dwelling
Loan amount
Not applicableResearch screening only; no financial analysis of a completed dwelling
Interest rate
Not applicableResearch screening only; no financial analysis of a completed dwelling
Loan term
Not applicableResearch screening only; no financial analysis of a completed dwelling

Step 2 · Costs each month

Monthly costs

Every recurring cost used to calculate monthly cash flow

Principal and interest
Not applicableResearch screening only; no financial analysis of a completed dwelling
Property taxes
Not applicableResearch screening only; no financial analysis of a completed dwelling
Insurance
Not applicableResearch screening only; no financial analysis of a completed dwelling
HOA
Not applicableResearch screening only; no financial analysis of a completed dwelling
Property management
Not applicableResearch screening only; no financial analysis of a completed dwelling
Maintenance reserve
Not applicableResearch screening only; no financial analysis of a completed dwelling
Vacancy reserve
Not applicableResearch screening only; no financial analysis of a completed dwelling
Operating costs
Not applicableResearch screening only; no financial analysis of a completed dwelling
Total monthly costs
Not applicableResearch screening only; no financial analysis of a completed dwelling

Step 3 · Return after costs

Investment returns

Cash flow, income, coverage, and return measures

Monthly cash flow
Not applicableResearch screening only; no financial analysis of a completed dwelling
Annual cash flow
Not applicableResearch screening only; no financial analysis of a completed dwelling
Annual property income before mortgage (NOI)Shows what the property earns before mortgage payments. It is used to calculate the capitalization rate and compare properties without financing differences.
Not applicableResearch screening only; no financial analysis of a completed dwelling
Rent-to-price
Not applicableResearch screening only; no financial analysis of a completed dwelling
Cash-on-cash return
Not applicableResearch screening only; no financial analysis of a completed dwelling
Capitalization rate
Not applicableResearch screening only; no financial analysis of a completed dwelling
Debt-service coverage
Not applicableResearch screening only; no financial analysis of a completed dwelling

Decision support

Quality, risk, and neighborhood context

The qualitative fields preserve owner and worker judgment separately from deterministic financial calculations.

Scored 1 through 5

Qualitative review

Rehabilitation risk
Not applicableResearch screening only; no financial analysis of a completed dwelling
Tenant quality
Not applicableResearch screening only; no financial analysis of a completed dwelling
Appreciation potential
Not applicableResearch screening only; no financial analysis of a completed dwelling
Neighborhood stability
Not applicableResearch screening only; no financial analysis of a completed dwelling
HOA impact
Not applicableResearch screening only; no financial analysis of a completed dwelling
Long-term hold quality
Not applicableResearch screening only; no financial analysis of a completed dwelling

Explicit review

Risk flags

Structural issues
Not capturedPending enrichment
Foundation issues
Not capturedPending enrichment
Major mold
Not capturedPending enrichment
Full electrical replacement
Not capturedPending enrichment
Full plumbing replacement
Not capturedPending enrichment
HOA rental restrictions
Not capturedPending enrichment
Unclear title or ownership
Not capturedPending enrichment
Depends on appreciation
Not capturedPending enrichment

OneHome and public records

Location context

School district
Not capturedPending enrichment
Elementary school
Seatack Elementaryrein
Middle school
Corporate Landing Middlerein
High school
Ocean Lakesrein
Walk score
Not capturedPending enrichment
Bike score
Not capturedPending enrichment
Transit score
Not capturedPending enrichment
Flood zone
Not capturedPending enrichment
Zoning
R75rein
Parking
Attached,Garage,Two Car Garagerein
Water
Publicrein
Sewer
Not capturedPending enrichment

Deterministic rules

Policy findings

PENDING

Hard failures

  • No hard failure has been recorded.

Review flags

  • No review flag has been recorded.

Weighted model

Investment score

Pending

The score will appear after deterministic underwriting succeeds.

Lineage and audit

Evidence, assumptions, and history

These records explain where the investment values came from and preserve earlier analysis runs.

Property evidence

Connected sources

4 sources
RedfinCURRENT

ID 202060173

Open source ↗Verified 2026-10-14T00:09:02.619336+00:00
OneHome MLS PortalCURRENT

ID 1170652527

Open source ↗Verified 2026-09-13T03:11:00.000000+00:00
City of Virginia Beach Real Estate AssessorCURRENT

No provider ID

Open source ↗Verified 2026-09-13T03:00:00.000000+00:00
REIN MLSPENDING

ID 434-1170652527

Open source ↗Verified 2026-09-12T17:18:17.001553+00:00

Approved inputs

Assumptions and overrides

No approved assumption set has been recorded.

OverrideReasonActorEffective
No owner field overrides are active.

Immutable activity

Underwriting and enrichment history

WorkflowStatusCompleted or requestedVersion or outcome
Acquire Listing EvidenceENRICHED2026-10-14T00:09:02.619336+00:004 resolved · 0 unresolved
Enrich Onehome ContextENRICHED2026-09-13T03:11:00.000000+00:000 resolved · 0 unresolved
Acquire Listing EvidenceENRICHED2026-09-13T03:06:00.000000+00:009 resolved · 0 unresolved
Enrich Public RecordsENRICHED2026-09-13T03:00:00.000000+00:0012 resolved · 0 unresolved

Source facts remain traceable. Missing or conflicting evidence is not converted into an investment conclusion.