REI Lense

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$2,666 (target)

2457 Eversole Rd, Harrisonburg, VA 22802

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $86,229 initial cash invested.

-1.88%

Cash On Cash

5.93%

Cap Rate

0.98

DSCR

$2,666

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $2,801 expenses = $135 out of pocket

Income$2,666Out of Pocket$135Mortgage P&I$1,63361%Property Taxes$1476%Insurance$1144%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$2,801

Mortgage P&I

61%

$1,633

Property Taxes

6%

$147

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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