REI Lense

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$2,714 (target)

1544 Tulagi Rd, Vinton, VA 24179

3 beds • 2 baths • 3000 sqft

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This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $77,829 initial cash invested.

2.36%

Cash On Cash

7.12%

Cap Rate

1.18

DSCR

$2,714

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $2,561 expenses = $153 cash flow

Income$2,714Mortgage P&I$1,42853%Property Taxes$1094%Insurance$1004%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$153

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,714

Total Expenses

$2,561

Mortgage P&I

53%

$1,428

Property Taxes

4%

$109

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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