REI Lense

REI Lense

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$2,430 (target)

3524 Ludgate Rd, Chester, VA 23831

3 beds • 3 baths • 1840 sqft

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This property looks like a bad Long-Term investment with a projected -6.99% first-year return on $77,994 initial cash invested.

-6.99%

Cash On Cash

4.9%

Cap Rate

0.82

DSCR

$2,430

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,430 income − $2,884 expenses = $454 out of pocket

Income$2,430Out of Pocket$454Mortgage P&I$1,84876%Property Taxes$27211%Insurance$1315%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,994

Downpayment

20%

$74,280

Closing costs

1%

$3,714

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,430

Total Expenses

$2,884

Mortgage P&I

76%

$1,848

Property Taxes

11%

$272

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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