REI Lense

REI Lense

Unlock all features! Tap here to upgrade

266 Chatmoss Court Ext, Martinsville, VA 24112

3 beds • 2 baths • 1592 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.5% first-year return on $65,250 initial cash invested.

-7.5%

Cash On Cash

4.23%

Cap Rate

0.7

DSCR

$1,695

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,695 income − $2,103 expenses = $408 out of pocket

Income$1,695Out of Pocket$408Mortgage P&I$1,13467%Property Taxes$764%Insurance$795%Management$25415%CapEx$684%Maintenance$684%Other$42425%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,695

Total Expenses

$2,103

Mortgage P&I

67%

$1,134

Property Taxes

4%

$76

Home Insurance

5%

$79

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$424

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis