REI Lense

REI Lense

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$3,992 (target)

11267 Linderwood Dr, Mechanicsville, VA 23116

3 beds • 2 baths • 0 sqft

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This property could be a profitable Mid-Term investment with a projected 37.58% first-year return on $49,500 initial cash invested.

37.58%

Cash On Cash

19.79%

Cap Rate

3.24

DSCR

$3,992

Rent

$1,550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,992

Total Expenses

$2,442

Mortgage P&I

19%

$764

Property Taxes

7%

$268

Home Insurance

1%

$52

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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