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102 McCormick Ln, Lexington, VA 24450

3 beds • 3 baths • 1715 sqft

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This property looks like a bad Mid-Term investment with a projected -7.14% first-year return on $95,133 initial cash invested.

-7.14%

Cash On Cash

4.31%

Cap Rate

0.74

DSCR

$2,294

Rent

-$566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,294

Total Expenses

$2,860

Mortgage P&I

78%

$1,792

Property Taxes

7%

$155

Home Insurance

6%

$133

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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