REI Lense

REI Lense

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$2,726 (target)

102 Pleasant Grove Rd, Locust Grove, VA 22508

3 beds • 3 baths • 2414 sqft

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This property looks like a bad Long-Term investment with a projected -20.53% first-year return on $153k initial cash invested.

-20.53%

Cash On Cash

2.09%

Cap Rate

0.34

DSCR

$2,726

Rent

-$2,626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,726 income − $5,352 expenses = $2,626 out of pocket

Income$2,726Out of Pocket$2,626Mortgage P&I$3,763138%Property Taxes$35713%Insurance$30611%HOA$2178%Management$27310%CapEx$1365%Vacancy$1646%Maintenance$1365%

Investment Breakdown

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Purchase Price

$731k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$146k

Closing costs

1%

$7,309

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,726

Total Expenses

$5,352

Mortgage P&I

138%

$3,763

Property Taxes

13%

$357

Home Insurance

11%

$306

HOA

8%

$217

Property Management

10%

$273

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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