REI Lense

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$2,868 (target)

240 Walnut Dr NW, Christiansburg, VA 24073

3 beds • 2 baths • 2950 sqft

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This property looks like a bad Mid-Term investment with a projected -8.34% first-year return on $113k initial cash invested.

-8.34%

Cash On Cash

4.38%

Cap Rate

0.71

DSCR

$2,868

Rent

-$782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $3,650 expenses = $782 out of pocket

Income$2,868Out of Pocket$782Mortgage P&I$2,31081%Property Taxes$2077%Insurance$1586%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$3,650

Mortgage P&I

81%

$2,310

Property Taxes

7%

$207

Home Insurance

6%

$158

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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