REI Lense

REI Lense

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$3,944 (target)

2520 32nd St SE, Washington, DC 20020

3 beds • 2 baths • 2631 sqft

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This property might be a fair Long-Term investment with a projected 1.51% first-year return on $102k initial cash invested.

1.51%

Cash On Cash

6.98%

Cap Rate

1.13

DSCR

$3,944

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,944 income − $3,816 expenses = $128 cash flow

Income$3,944Mortgage P&I$2,49763%Property Taxes$1243%Insurance$1704%Management$39410%CapEx$1975%Vacancy$2376%Maintenance$1975%Cash Flow$128

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,944

Total Expenses

$3,816

Mortgage P&I

63%

$2,497

Property Taxes

3%

$124

Home Insurance

4%

$170

HOA

0%

$0

Property Management

10%

$394

CapEx

5%

$197

Vacancy

6%

$237

Maintenance

5%

$197

Other

0%

$0

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