REI Lense

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$2,341 (target)

2020 Knotty Dr, Glen Allen, VA 23060

3 beds • 3 baths • 1380 sqft

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This property looks like a bad Long-Term investment with a projected -6.93% first-year return on $75,348 initial cash invested.

-6.93%

Cash On Cash

5.05%

Cap Rate

0.83

DSCR

$2,341

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,341 income − $2,776 expenses = $435 out of pocket

Income$2,341Out of Pocket$435Mortgage P&I$1,82778%Property Taxes$2139%Insurance$1285%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,348

Downpayment

20%

$71,760

Closing costs

1%

$3,588

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,341

Total Expenses

$2,776

Mortgage P&I

78%

$1,827

Property Taxes

9%

$213

Home Insurance

5%

$128

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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