REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,588 (target)

3226 Rakes Rd, Rocky Mount, VA 24151

3 beds • 2 baths • 3024 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.07% first-year return on $119k initial cash invested.

-10.07%

Cash On Cash

3.81%

Cap Rate

0.63

DSCR

$2,588

Rent

-$1,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $3,588 expenses = $1,000 out of pocket

Income$2,588Out of Pocket$1,000Mortgage P&I$2,42694%Property Taxes$1054%Insurance$1757%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%

Investment Breakdown

|

Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,340

Closing costs

1%

$4,817

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$3,588

Mortgage P&I

94%

$2,426

Property Taxes

4%

$105

Home Insurance

7%

$175

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis