REI Lense

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$2,264 (target)

1909 Cool Ln, Richmond, VA 23223

3 beds • 2 baths • 1286 sqft

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This property could be a profitable Mid-Term investment with a projected 10.61% first-year return on $52,587 initial cash invested.

10.61%

Cash On Cash

10.04%

Cap Rate

1.68

DSCR

$2,264

Rent

$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,264 income − $1,799 expenses = $465 cash flow

Income$2,264Mortgage P&I$82236%Property Taxes$844%Insurance$1225%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$465

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,587

Downpayment

20%

$32,940

Closing costs

1%

$1,647

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,264

Total Expenses

$1,799

Mortgage P&I

36%

$822

Property Taxes

4%

$84

Home Insurance

5%

$122

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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