REI Lense

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$3,333 (target)

1629 New Market Rd, Henrico, VA 23231

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Mid-Term investment with a projected -4.29% first-year return on $112k initial cash invested.

-4.29%

Cash On Cash

5.25%

Cap Rate

0.88

DSCR

$3,333

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,333 income − $3,735 expenses = $402 out of pocket

Income$3,333Out of Pocket$402Mortgage P&I$2,23667%Property Taxes$2096%Insurance$1575%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36711%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,333

Total Expenses

$3,735

Mortgage P&I

67%

$2,236

Property Taxes

6%

$209

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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