REI Lense

REI Lense

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$1,559 (target)

17065 A L Philpott Hwy, Martinsville, VA 24112

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -12.36% first-year return on $71,190 initial cash invested.

-12.36%

Cash On Cash

3.79%

Cap Rate

0.62

DSCR

$1,559

Rent

-$733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,559 income − $2,292 expenses = $733 out of pocket

Income$1,559Out of Pocket$733Mortgage P&I$1,726111%Property Taxes$413%Insurance$1198%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,559

Total Expenses

$2,292

Mortgage P&I

111%

$1,726

Property Taxes

3%

$41

Home Insurance

8%

$119

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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