REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,484 (target)

1176 Joseph Martin Hwy, Martinsville, VA 24112

3 beds • 2 baths • 1920 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.23% first-year return on $87,279 initial cash invested.

-3.23%

Cash On Cash

5.66%

Cap Rate

0.92

DSCR

$2,484

Rent

-$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,484 income − $2,719 expenses = $235 out of pocket

Income$2,484Out of Pocket$235Mortgage P&I$1,69368%Property Taxes$663%Insurance$1165%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27311%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,484

Total Expenses

$2,719

Mortgage P&I

68%

$1,693

Property Taxes

3%

$66

Home Insurance

5%

$116

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$273

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis