REI Lense

REI Lense

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$1,987 (target)

21 Stuart Ave, Stuarts Draft, VA 24477

3 beds • 3 baths • 2334 sqft

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This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $82,404 initial cash invested.

-10.67%

Cash On Cash

3.98%

Cap Rate

0.67

DSCR

$1,987

Rent

-$733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,987 income − $2,720 expenses = $733 out of pocket

Income$1,987Out of Pocket$733Mortgage P&I$1,93697%Property Taxes$1296%Insurance$1397%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,404

Downpayment

20%

$78,480

Closing costs

1%

$3,924

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,987

Total Expenses

$2,720

Mortgage P&I

97%

$1,936

Property Taxes

6%

$129

Home Insurance

7%

$139

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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