REI Lense

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$3,246 (target)

31185 Price Rd, Locust Grove, VA 22508

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Mid-Term investment with a projected -2.25% first-year return on $104k initial cash invested.

-2.25%

Cash On Cash

5.77%

Cap Rate

0.97

DSCR

$3,246

Rent

-$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,246 income − $3,441 expenses = $195 out of pocket

Income$3,246Out of Pocket$195Mortgage P&I$2,03463%Property Taxes$1545%Insurance$1495%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$3,441

Mortgage P&I

63%

$2,034

Property Taxes

5%

$154

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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