REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10703 Richmond Hwy, Lynchburg, VA 24504

3 beds • 3 baths • 2356 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.9% first-year return on $96,834 initial cash invested.

-3.9%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$3,487

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,487 income − $3,802 expenses = $315 out of pocket

Income$3,487Out of Pocket$315Mortgage P&I$1,89154%Property Taxes$1023%Insurance$1364%Management$52315%CapEx$1394%Maintenance$1394%Other$87225%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,834

Downpayment

20%

$75,080

Closing costs

1%

$3,754

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,487

Total Expenses

$3,802

Mortgage P&I

54%

$1,891

Property Taxes

3%

$102

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$523

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$872

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis