REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,230 (target)

3057 Forest Acre Trl, Salem, VA 24153

3 beds • 2 baths • 1260 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.17% first-year return on $87,090 initial cash invested.

-6.17%

Cash On Cash

4.8%

Cap Rate

0.79

DSCR

$2,230

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,230 income − $2,678 expenses = $448 out of pocket

Income$2,230Out of Pocket$448Mortgage P&I$1,67675%Property Taxes$1296%Insurance$1155%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,230

Total Expenses

$2,678

Mortgage P&I

75%

$1,676

Property Taxes

6%

$129

Home Insurance

5%

$115

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis