REI Lense

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$3,898 (target)

24 Simmons Cv, Ruther Glen, VA 22546

3 beds • 3 baths • 2414 sqft

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This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $105k initial cash invested.

0.6%

Cash On Cash

6.58%

Cap Rate

1.1

DSCR

$3,898

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,898 income − $3,846 expenses = $52 cash flow

Income$3,898Mortgage P&I$2,06153%Property Taxes$1594%Insurance$1454%HOA$1554%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$52

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,700

Closing costs

1%

$4,135

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,898

Total Expenses

$3,846

Mortgage P&I

53%

$2,061

Property Taxes

4%

$159

Home Insurance

4%

$145

HOA

4%

$155

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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