REI Lense

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$1,828 (target)

111 Eanes St, Martinsville, VA 24112

3 beds • 2 baths • 1512 sqft

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This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $53,196 initial cash invested.

4.33%

Cash On Cash

8.05%

Cap Rate

1.31

DSCR

$1,828

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,828 income − $1,636 expenses = $192 cash flow

Income$1,828Mortgage P&I$85947%Property Taxes$985%Insurance$583%Management$21912%CapEx$734%Vacancy$553%Maintenance$734%Other$20111%Cash Flow$192

Investment Breakdown

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Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,196

Downpayment

20%

$33,520

Closing costs

1%

$1,676

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,828

Total Expenses

$1,636

Mortgage P&I

47%

$859

Property Taxes

5%

$98

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$219

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$201

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