REI Lense

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$3,480 (target)

112 Eastman Rd, North Chesterfield, VA 23236

3 beds • 3 baths • 1352 sqft

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This property might be a fair Mid-Term investment with a projected 5.9% first-year return on $85,620 initial cash invested.

5.9%

Cash On Cash

7.99%

Cap Rate

1.35

DSCR

$3,480

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,480 income − $3,059 expenses = $421 cash flow

Income$3,480Mortgage P&I$1,58446%Property Taxes$1785%Insurance$1143%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$421

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,620

Downpayment

20%

$64,400

Closing costs

1%

$3,220

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,480

Total Expenses

$3,059

Mortgage P&I

46%

$1,584

Property Taxes

5%

$178

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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