REI Lense

REI Lense

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$2,690 (target)

3136 Woodbaugh Dr, Chesapeake, VA 23321

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -3.86% first-year return on $88,329 initial cash invested.

-3.86%

Cash On Cash

5.41%

Cap Rate

0.9

DSCR

$2,690

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,690

Total Expenses

$2,974

Mortgage P&I

63%

$1,687

Property Taxes

9%

$254

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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