REI Lense

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$3,308 (target)

1233 Summit Point Dr, Front Royal, VA 22630

3 beds • 2 baths • 1490 sqft

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This property might be a fair Mid-Term investment with a projected 3.92% first-year return on $85,788 initial cash invested.

3.92%

Cash On Cash

7.49%

Cap Rate

1.26

DSCR

$3,308

Rent

$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,308 income − $3,028 expenses = $280 cash flow

Income$3,308Mortgage P&I$1,60448%Property Taxes$1585%Insurance$1214%HOA$211%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$280

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,788

Downpayment

20%

$64,560

Closing costs

1%

$3,228

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,308

Total Expenses

$3,028

Mortgage P&I

48%

$1,604

Property Taxes

5%

$158

Home Insurance

4%

$121

HOA

1%

$21

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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