REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,322 (target)

16 Sandy Beach Ct, Palmyra, VA 22963

3 beds • 3 baths • 2200 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.54% first-year return on $72,870 initial cash invested.

-11.54%

Cash On Cash

4.77%

Cap Rate

0.7

DSCR

$2,322

Rent

-$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $3,023 expenses = $701 out of pocket

Income$2,322Out of Pocket$701Mortgage P&I$1,96385%Property Taxes$2149%Insurance$1225%HOA$1215%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,322

Total Expenses

$3,023

Mortgage P&I

85%

$1,963

Property Taxes

9%

$214

Home Insurance

5%

$122

HOA

5%

$121

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis