REI Lense

REI Lense

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$1,763 (target)

1504 5th St, Waynesboro, VA 22980

3 beds • 2 baths • 1205 sqft

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This property looks like a bad Long-Term investment with a projected -6.15% first-year return on $57,141 initial cash invested.

-6.15%

Cash On Cash

5.05%

Cap Rate

0.85

DSCR

$1,763

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,763 income − $2,056 expenses = $293 out of pocket

Income$1,763Out of Pocket$293Mortgage P&I$1,34977%Property Taxes$1539%Insurance$965%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,763

Total Expenses

$2,056

Mortgage P&I

77%

$1,349

Property Taxes

9%

$153

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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