REI Lense

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$2,548 (target)

12213 Hardy Rd, Hardy, VA 24101

3 beds • 2 baths • 2072 sqft

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This property looks like a bad Mid-Term investment with a projected -2.45% first-year return on $87,290 initial cash invested.

-2.45%

Cash On Cash

5.84%

Cap Rate

0.95

DSCR

$2,548

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,726 expenses = $178 out of pocket

Income$2,548Out of Pocket$178Mortgage P&I$1,68366%Property Taxes$612%Insurance$1165%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,290

Downpayment

20%

$65,990

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$2,726

Mortgage P&I

66%

$1,683

Property Taxes

2%

$61

Home Insurance

5%

$116

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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