REI Lense

REI Lense

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$3,344 (target)

1303 W 42nd St, Richmond, VA 23225

3 beds • 3 baths • 3661 sqft

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This property looks like a bad Long-Term investment with a projected -15.97% first-year return on $163k initial cash invested.

-15.97%

Cash On Cash

2.8%

Cap Rate

0.47

DSCR

$3,344

Rent

-$2,170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$776k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,763

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,344

Total Expenses

$5,514

Mortgage P&I

114%

$3,815

Property Taxes

17%

$561

Home Insurance

8%

$269

HOA

0%

$0

Property Management

10%

$334

CapEx

5%

$167

Vacancy

6%

$201

Maintenance

5%

$167

Other

0%

$0

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