REI Lense

REI Lense

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$1,219 (target)

111 Eanes St, Martinsville, VA 24112

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -3.85% first-year return on $35,196 initial cash invested.

-3.85%

Cash On Cash

5.78%

Cap Rate

0.94

DSCR

$1,219

Rent

-$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,219 income − $1,332 expenses = $113 out of pocket

Income$1,219Out of Pocket$113Mortgage P&I$85970%Property Taxes$988%Insurance$585%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,196

Downpayment

20%

$33,520

Closing costs

1%

$1,676

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,219

Total Expenses

$1,332

Mortgage P&I

70%

$859

Property Taxes

8%

$98

Home Insurance

5%

$58

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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