REI Lense

REI Lense

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$1,835 (target)

130 S Brook Ave, Harrisonburg, VA 22801

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -10.26% first-year return on $68,208 initial cash invested.

-10.26%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$1,835

Rent

-$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,835 income − $2,418 expenses = $583 out of pocket

Income$1,835Out of Pocket$583Mortgage P&I$1,62689%Property Taxes$19210%Insurance$1227%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,208

Downpayment

20%

$64,960

Closing costs

1%

$3,248

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,835

Total Expenses

$2,418

Mortgage P&I

89%

$1,626

Property Taxes

10%

$192

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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