Investment review
137 Bishop Thoroughgood Avenue
Virginia Beach, VA 23451 · 10637084
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.
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
Hard failures
- No hard failure has been recorded.
Review flags
- No review flag has been recorded.
Weighted model
Investment score
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
ID 202060173
Open source ↗Verified 2026-10-14T00:09:02.619336+00:00ID 1170652527
Open source ↗Verified 2026-09-13T03:11:00.000000+00:00No provider ID
Open source ↗Verified 2026-09-13T03:00:00.000000+00:00ID 434-1170652527
Open source ↗Verified 2026-09-12T17:18:17.001553+00:00Approved inputs
Assumptions and overrides
No approved assumption set has been recorded.
| Override | Reason | Actor | Effective |
|---|---|---|---|
| No owner field overrides are active. | |||
Immutable activity
Underwriting and enrichment history
| Workflow | Status | Completed or requested | Version or outcome |
|---|---|---|---|
| Acquire Listing Evidence | ENRICHED | 2026-10-14T00:09:02.619336+00:00 | 4 resolved · 0 unresolved |
| Enrich Onehome Context | ENRICHED | 2026-09-13T03:11:00.000000+00:00 | 0 resolved · 0 unresolved |
| Acquire Listing Evidence | ENRICHED | 2026-09-13T03:06:00.000000+00:00 | 9 resolved · 0 unresolved |
| Enrich Public Records | ENRICHED | 2026-09-13T03:00:00.000000+00:00 | 12 resolved · 0 unresolved |
Source facts remain traceable. Missing or conflicting evidence is not converted into an investment conclusion.