REI Lense

REI Lense

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$2,710 (target)

1685 Chopping Rd, Mineral, VA 23117

3 beds • 3 baths • 2283 sqft

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This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $136k initial cash invested.

-15.46%

Cash On Cash

2.82%

Cap Rate

0.49

DSCR

$2,710

Rent

-$1,758

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $4,468 expenses = $1,758 out of pocket

Income$2,710Out of Pocket$1,758Mortgage P&I$3,150116%Property Taxes$37214%Insurance$2409%Management$27110%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,710

Total Expenses

$4,468

Mortgage P&I

116%

$3,150

Property Taxes

14%

$372

Home Insurance

9%

$240

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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