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$1,944 (target)

2949 Moyer Rd, Powhatan, VA 23139

3 beds • 2 baths • 1485 sqft

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This property looks like a bad Mid-Term investment with a projected -7.73% first-year return on $82,407 initial cash invested.

-7.73%

Cash On Cash

4.1%

Cap Rate

0.7

DSCR

$1,944

Rent

-$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $2,475 expenses = $531 out of pocket

Income$1,944Out of Pocket$531Mortgage P&I$1,50177%Property Taxes$19110%Insurance$1226%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,407

Downpayment

20%

$61,340

Closing costs

1%

$3,067

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,944

Total Expenses

$2,475

Mortgage P&I

77%

$1,501

Property Taxes

10%

$191

Home Insurance

6%

$122

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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