REI Lense

REI Lense

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$4,770 (target)

3107 Memorial St, Alexandria, VA 22306

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Mid-Term investment with a projected -4.82% first-year return on $140k initial cash invested.

-4.82%

Cash On Cash

5.26%

Cap Rate

0.87

DSCR

$4,770

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,786

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,770

Total Expenses

$5,330

Mortgage P&I

61%

$2,905

Property Taxes

13%

$600

Home Insurance

4%

$203

HOA

0%

$0

Property Management

12%

$572

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$525

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