REI Lense

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$3,228 (target)

303 Rowland Dr, Lynchburg, VA 24503

3 beds • 3 baths • 1458 sqft

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This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $87,279 initial cash invested.

4.59%

Cash On Cash

7.64%

Cap Rate

1.28

DSCR

$3,228

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $2,894 expenses = $334 cash flow

Income$3,228Mortgage P&I$1,63851%Property Taxes$431%Insurance$1164%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$334

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,228

Total Expenses

$2,894

Mortgage P&I

51%

$1,638

Property Taxes

1%

$43

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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