REI Lense

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$2,961 (target)

1519 Park Rd, Waynesboro, VA 22980

3 beds • 2 baths • 2163 sqft

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This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $84,213 initial cash invested.

0.03%

Cash On Cash

6.64%

Cap Rate

1.07

DSCR

$2,961

Rent

$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,961 income − $2,959 expenses = $2 cash flow

Income$2,961Mortgage P&I$1,62555%Property Taxes$2167%Insurance$1124%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$2

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,213

Downpayment

20%

$63,060

Closing costs

1%

$3,153

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,961

Total Expenses

$2,959

Mortgage P&I

55%

$1,625

Property Taxes

7%

$216

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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