REI Lense

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$3,129 (target)

1229 Borden Rd, Bumpass, VA 23024

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Mid-Term investment with a projected -1.66% first-year return on $96,729 initial cash invested.

-1.66%

Cash On Cash

5.86%

Cap Rate

1

DSCR

$3,129

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,129 income − $3,263 expenses = $134 out of pocket

Income$3,129Out of Pocket$134Mortgage P&I$1,84159%Property Taxes$2117%Insurance$1314%HOA$171%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,129

Total Expenses

$3,263

Mortgage P&I

59%

$1,841

Property Taxes

7%

$211

Home Insurance

4%

$131

HOA

1%

$17

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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