REI Lense

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$1,983 (target)

162 Country Blvd, Bracey, VA 23919

3 beds • 2 baths • 2068 sqft

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This property looks like a bad Long-Term investment with a projected -8.54% first-year return on $76,482 initial cash invested.

-8.54%

Cash On Cash

4.45%

Cap Rate

0.75

DSCR

$1,983

Rent

-$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,983 income − $2,527 expenses = $544 out of pocket

Income$1,983Out of Pocket$544Mortgage P&I$1,79691%Property Taxes$804%Insurance$1367%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,482

Downpayment

20%

$72,840

Closing costs

1%

$3,642

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,983

Total Expenses

$2,527

Mortgage P&I

91%

$1,796

Property Taxes

4%

$80

Home Insurance

7%

$136

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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