REI Lense

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$1,469 (target)

209 Apache Trl, Martinsville, VA 24112

3 beds • 2 baths • 1360 sqft

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This property could be a profitable Long-Term investment with a projected 11.44% first-year return on $30,513 initial cash invested.

11.44%

Cash On Cash

9.1%

Cap Rate

1.49

DSCR

$1,469

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,469 income − $1,178 expenses = $291 cash flow

Income$1,469Mortgage P&I$73850%Property Taxes$272%Insurance$322%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$291

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,513

Downpayment

20%

$29,060

Closing costs

1%

$1,453

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,469

Total Expenses

$1,178

Mortgage P&I

50%

$738

Property Taxes

2%

$27

Home Insurance

2%

$32

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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