REI Lense

REI Lense

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$2,205 (target)

1233 Summit Point Dr, Front Royal, VA 22630

3 beds • 2 baths • 1490 sqft

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This property looks like a bad Long-Term investment with a projected -4.8% first-year return on $67,788 initial cash invested.

-4.8%

Cash On Cash

5.36%

Cap Rate

0.9

DSCR

$2,205

Rent

-$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,205 income − $2,476 expenses = $271 out of pocket

Income$2,205Out of Pocket$271Mortgage P&I$1,60473%Property Taxes$1587%Insurance$1215%HOA$211%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,788

Downpayment

20%

$64,560

Closing costs

1%

$3,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,205

Total Expenses

$2,476

Mortgage P&I

73%

$1,604

Property Taxes

7%

$158

Home Insurance

5%

$121

HOA

1%

$21

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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