REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,303 (target)

1100 Lake Ave, Richmond, VA 23226

3 beds • 3 baths • 2400 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.79% first-year return on $108k initial cash invested.

-15.79%

Cash On Cash

3.07%

Cap Rate

0.5

DSCR

$2,303

Rent

-$1,426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,303 income − $3,729 expenses = $1,426 out of pocket

Income$2,303Out of Pocket$1,426Mortgage P&I$2,631114%Property Taxes$31414%Insurance$1868%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,159

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,303

Total Expenses

$3,729

Mortgage P&I

114%

$2,631

Property Taxes

14%

$314

Home Insurance

8%

$186

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis