REI Lense

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$1,480 (target)

101 Finley Dr, Martinsville, VA 24112

3 beds • 2 baths • 1153 sqft

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This property might be a fair Long-Term investment with a projected 1.78% first-year return on $38,451 initial cash invested.

1.78%

Cash On Cash

7.03%

Cap Rate

1.14

DSCR

$1,480

Rent

$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,480 income − $1,423 expenses = $57 cash flow

Income$1,480Mortgage P&I$94164%Property Taxes$342%Insurance$634%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$57

Investment Breakdown

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Purchase Price

$183k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,451

Downpayment

20%

$36,620

Closing costs

1%

$1,831

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,480

Total Expenses

$1,423

Mortgage P&I

64%

$941

Property Taxes

2%

$34

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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