REI Lense

REI Lense

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$2,619 (target)

325 Mulberry Dr, Christiansburg, VA 24073

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Mid-Term investment with a projected -3.67% first-year return on $91,836 initial cash invested.

-3.67%

Cash On Cash

5.34%

Cap Rate

0.9

DSCR

$2,619

Rent

-$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,900 expenses = $281 out of pocket

Income$2,619Out of Pocket$281Mortgage P&I$1,74166%Property Taxes$1425%Insurance$1265%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,836

Downpayment

20%

$70,320

Closing costs

1%

$3,516

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,900

Mortgage P&I

66%

$1,741

Property Taxes

5%

$142

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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