REI Lense

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$3,394 (target)

127 3rd St, Colonial Beach, VA 22443

3 beds • 2 baths • 1373 sqft

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This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $90,954 initial cash invested.

2.14%

Cash On Cash

7%

Cap Rate

1.17

DSCR

$3,394

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,394 income − $3,232 expenses = $162 cash flow

Income$3,394Mortgage P&I$1,72851%Property Taxes$2297%Insurance$1214%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%Cash Flow$162

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,954

Downpayment

20%

$69,480

Closing costs

1%

$3,474

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,394

Total Expenses

$3,232

Mortgage P&I

51%

$1,728

Property Taxes

7%

$229

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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