REI Lense

REI Lense

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$2,086 (target)

1229 Borden Rd, Bumpass, VA 23024

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $78,729 initial cash invested.

-10%

Cash On Cash

4.13%

Cap Rate

0.7

DSCR

$2,086

Rent

-$656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,086 income − $2,742 expenses = $656 out of pocket

Income$2,086Out of Pocket$656Mortgage P&I$1,84188%Property Taxes$21110%Insurance$1316%HOA$171%Management$20910%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,086

Total Expenses

$2,742

Mortgage P&I

88%

$1,841

Property Taxes

10%

$211

Home Insurance

6%

$131

HOA

1%

$17

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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