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$2,507 (target)

2402 Lakeview Pkwy, Locust Grove, VA 22508

3 beds • 2 baths • 1846 sqft

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This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $86,835 initial cash invested.

-11.21%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$2,507

Rent

-$811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,507 income − $3,318 expenses = $811 out of pocket

Income$2,507Out of Pocket$811Mortgage P&I$2,10084%Property Taxes$2038%Insurance$1476%HOA$2179%Management$25110%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,835

Downpayment

20%

$82,700

Closing costs

1%

$4,135

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,507

Total Expenses

$3,318

Mortgage P&I

84%

$2,100

Property Taxes

8%

$203

Home Insurance

6%

$147

HOA

9%

$217

Property Management

10%

$251

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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