REI Lense

REI Lense

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$2,306 (target)

315 Mary St, Hampton, VA 23664

3 beds • 2 baths • 1255 sqft

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This property might be a fair Long-Term investment with a projected 4.02% first-year return on $52,500 initial cash invested.

4.02%

Cash On Cash

7.34%

Cap Rate

1.24

DSCR

$2,306

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,306

Total Expenses

$2,130

Mortgage P&I

54%

$1,238

Property Taxes

9%

$205

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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