REI Lense

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$2,998 (target)

3458 Bradshaw Rd, Salem, VA 24153

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Mid-Term investment with a projected -1.74% first-year return on $88,140 initial cash invested.

-1.74%

Cash On Cash

6.15%

Cap Rate

1

DSCR

$2,998

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $3,126 expenses = $128 out of pocket

Income$2,998Out of Pocket$128Mortgage P&I$1,72157%Property Taxes$2669%Insurance$1194%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,140

Downpayment

20%

$66,800

Closing costs

1%

$3,340

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$3,126

Mortgage P&I

57%

$1,721

Property Taxes

9%

$266

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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