REI Lense

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$3,196 (target)

1242 Laurel St SE, Roanoke, VA 24014

3 beds • 2 baths • 1823 sqft

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This property looks like a bad Mid-Term investment with a projected -0.12% first-year return on $91,269 initial cash invested.

-0.12%

Cash On Cash

6.56%

Cap Rate

1.07

DSCR

$3,196

Rent

-$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,196 income − $3,205 expenses = $9 out of pocket

Income$3,196Out of Pocket$9Mortgage P&I$1,78756%Property Taxes$2046%Insurance$1264%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,269

Downpayment

20%

$69,780

Closing costs

1%

$3,489

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$3,205

Mortgage P&I

56%

$1,787

Property Taxes

6%

$204

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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