REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,820 (target)

2830 Penny Ln, Charlottesville, VA 22903

3 beds • 3 baths • 2896 sqft

$1,056,600

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -16.65% first-year return on $240k initial cash invested.

-16.65%

Cash On Cash

2.4%

Cap Rate

0.4

DSCR

$4,820

Rent

-$3,329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,820 income − $8,149 expenses = $3,329 out of pocket

Income$4,820Out of Pocket$3,329Mortgage P&I$5,249109%Property Taxes$82317%Insurance$4389%Management$57812%CapEx$1934%Vacancy$1453%Maintenance$1934%Other$53011%

Investment Breakdown

|

Purchase Price

$1057k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$240k

Downpayment

20%

$211k

Closing costs

1%

$10,566

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,820

Total Expenses

$8,149

Mortgage P&I

109%

$5,249

Property Taxes

17%

$823

Home Insurance

9%

$438

HOA

0%

$0

Property Management

12%

$578

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$530

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis