REI Lense

REI Lense

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$2,565 (target)

329 Washington Ave, Franklin, VA 23851

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $81,000 initial cash invested.

0.93%

Cash On Cash

6.71%

Cap Rate

1.11

DSCR

$2,565

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $2,502 expenses = $63 cash flow

Income$2,565Mortgage P&I$1,51159%Property Taxes$131%Insurance$1054%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$63

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,565

Total Expenses

$2,502

Mortgage P&I

59%

$1,511

Property Taxes

1%

$13

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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