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$3,450 (target)

2088 Hancock Rd, Powhatan, VA 23139

3 beds • 2 baths • 1732 sqft

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This property looks like a bad Mid-Term investment with a projected -6.56% first-year return on $124k initial cash invested.

-6.56%

Cash On Cash

4.62%

Cap Rate

0.78

DSCR

$3,450

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,450 income − $4,127 expenses = $677 out of pocket

Income$3,450Out of Pocket$677Mortgage P&I$2,48072%Property Taxes$2959%Insurance$1785%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%

Investment Breakdown

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Purchase Price

$504k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,040

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$4,127

Mortgage P&I

72%

$2,480

Property Taxes

9%

$295

Home Insurance

5%

$178

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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