REI Lense

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$6,267 (target)

1014 Hickory Ct, Fredericksburg, VA 22401

5 beds • 4 baths • 4512 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $173k initial cash invested.

0.77%

Cash On Cash

6.58%

Cap Rate

1.11

DSCR

$6,267

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,267 income − $6,156 expenses = $111 cash flow

Income$6,267Mortgage P&I$3,38554%Property Taxes$3886%Insurance$2394%HOA$13Management$75212%CapEx$2514%Vacancy$1883%Maintenance$2514%Other$68911%Cash Flow$111

Investment Breakdown

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Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$137k

Closing costs

1%

$6,829

Rehab

0%

$0

Furnishing

4%

$30,000

Cashflow

Total Income

$6,267

Total Expenses

$6,156

Mortgage P&I

54%

$3,385

Property Taxes

6%

$388

Home Insurance

4%

$239

HOA

0%

$13

Property Management

12%

$752

CapEx

4%

$251

Vacancy

3%

$188

Maintenance

4%

$251

Other

11%

$689

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