REI Lense

REI Lense

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$1,468 (target)

200 Southside Dr, Rocky Mount, VA 24151

3 beds • 2 baths • 1104 sqft

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This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $52,458 initial cash invested.

-7.73%

Cash On Cash

4.82%

Cap Rate

0.79

DSCR

$1,468

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,468 income − $1,806 expenses = $338 out of pocket

Income$1,468Out of Pocket$338Mortgage P&I$1,26886%Property Taxes$705%Insurance$876%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,458

Downpayment

20%

$49,960

Closing costs

1%

$2,498

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,468

Total Expenses

$1,806

Mortgage P&I

86%

$1,268

Property Taxes

5%

$70

Home Insurance

6%

$87

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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