REI Lense

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$2,616 (target)

159 Highfield Cir, Rocky Mount, VA 24151

3 beds • 3 baths • 2500 sqft

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This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $76,212 initial cash invested.

2.06%

Cash On Cash

7.12%

Cap Rate

1.17

DSCR

$2,616

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,485 expenses = $131 cash flow

Income$2,616Mortgage P&I$1,40954%Property Taxes$883%Insurance$984%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28811%Cash Flow$131

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,212

Downpayment

20%

$55,440

Closing costs

1%

$2,772

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,485

Mortgage P&I

54%

$1,409

Property Taxes

3%

$88

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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