REI Lense

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$2,331 (target)

1217 Lakeview Pkwy, Locust Grove, VA 22508

3 beds • 2 baths • 1496 sqft

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This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $78,813 initial cash invested.

-9.53%

Cash On Cash

4.48%

Cap Rate

0.73

DSCR

$2,331

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,331 income − $2,957 expenses = $626 out of pocket

Income$2,331Out of Pocket$626Mortgage P&I$1,91182%Property Taxes$1677%Insurance$1225%HOA$1506%Management$23310%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,813

Downpayment

20%

$75,060

Closing costs

1%

$3,753

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,331

Total Expenses

$2,957

Mortgage P&I

82%

$1,911

Property Taxes

7%

$167

Home Insurance

5%

$122

HOA

6%

$150

Property Management

10%

$233

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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