REI Lense

REI Lense

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$2,167 (target)

3130 Port Republic Rd, Harrisonburg, VA 22801

3 beds • 2 baths • 2088 sqft

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This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $92,463 initial cash invested.

-12.11%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$2,167

Rent

-$933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,167 income − $3,100 expenses = $933 out of pocket

Income$2,167Out of Pocket$933Mortgage P&I$2,215102%Property Taxes$1798%Insurance$1437%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,463

Downpayment

20%

$88,060

Closing costs

1%

$4,403

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,167

Total Expenses

$3,100

Mortgage P&I

102%

$2,215

Property Taxes

8%

$179

Home Insurance

7%

$143

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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