REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,068 (target)

1737 16th St SE, Roanoke, VA 24014

3 beds • 2 baths • 1790 sqft

Email

This property could be a profitable Mid-Term investment with a projected 13.16% first-year return on $63,465 initial cash invested.

13.16%

Cash On Cash

10.49%

Cap Rate

1.76

DSCR

$3,068

Rent

$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,068 income − $2,372 expenses = $696 cash flow

Income$3,068Mortgage P&I$1,07335%Property Taxes$1585%Insurance$983%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%Cash Flow$696

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,465

Downpayment

20%

$43,300

Closing costs

1%

$2,165

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,068

Total Expenses

$2,372

Mortgage P&I

35%

$1,073

Property Taxes

5%

$158

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis