REI Lense

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$3,736 (target)

2307 Whitcomb St, Richmond, VA 23223

3 beds • 2 baths • 1295 sqft

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This property could be a profitable Mid-Term investment with a projected 15.96% first-year return on $71,193 initial cash invested.

15.96%

Cash On Cash

11.28%

Cap Rate

1.85

DSCR

$3,736

Rent

$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,736 income − $2,789 expenses = $947 cash flow

Income$3,736Mortgage P&I$1,28634%Property Taxes$1464%Insurance$882%Management$44812%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41111%Cash Flow$947

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,736

Total Expenses

$2,789

Mortgage P&I

34%

$1,286

Property Taxes

4%

$146

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$411

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