REI Lense

REI Lense

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$2,335 (target)

15519 Lee Hwy, Bristol, VA 24202

3 beds • 3 baths • 2776 sqft

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This property looks like a bad Long-Term investment with a projected -8.2% first-year return on $85,134 initial cash invested.

-8.2%

Cash On Cash

4.65%

Cap Rate

0.77

DSCR

$2,335

Rent

-$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,335 income − $2,917 expenses = $582 out of pocket

Income$2,335Out of Pocket$582Mortgage P&I$2,03787%Property Taxes$1235%Insurance$1496%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,134

Downpayment

20%

$81,080

Closing costs

1%

$4,054

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,335

Total Expenses

$2,917

Mortgage P&I

87%

$2,037

Property Taxes

5%

$123

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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