REI Lense

REI Lense

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$2,082 (target)

284 Shorewood Dr, Colonial Beach, VA 22443

3 beds • 2 baths • 1132 sqft

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This property looks like a bad Long-Term investment with a projected -4.67% first-year return on $65,982 initial cash invested.

-4.67%

Cash On Cash

5.36%

Cap Rate

0.9

DSCR

$2,082

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,082 income − $2,339 expenses = $257 out of pocket

Income$2,082Out of Pocket$257Mortgage P&I$1,55775%Property Taxes$1316%Insurance$1105%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,982

Downpayment

20%

$62,840

Closing costs

1%

$3,142

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,082

Total Expenses

$2,339

Mortgage P&I

75%

$1,557

Property Taxes

6%

$131

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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