REI Lense

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$2,204 (target)

209 Apache Trl, Martinsville, VA 24112

3 beds • 2 baths • 1360 sqft

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This property could be a profitable Mid-Term investment with a projected 16.3% first-year return on $48,513 initial cash invested.

16.3%

Cash On Cash

12.26%

Cap Rate

2.01

DSCR

$2,204

Rent

$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,204 income − $1,545 expenses = $659 cash flow

Income$2,204Mortgage P&I$73833%Property Taxes$271%Insurance$321%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$659

Investment Breakdown

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Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,513

Downpayment

20%

$29,060

Closing costs

1%

$1,453

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,204

Total Expenses

$1,545

Mortgage P&I

33%

$738

Property Taxes

1%

$27

Home Insurance

1%

$32

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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