REI Lense

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$2,049 (target)

35515 Wilderness Shores Way, Locust Grove, VA 22508

3 beds • 2 baths • 1082 sqft

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This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $68,859 initial cash invested.

-8.99%

Cash On Cash

4.89%

Cap Rate

0.76

DSCR

$2,049

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,049 income − $2,565 expenses = $516 out of pocket

Income$2,049Out of Pocket$516Mortgage P&I$1,74985%Property Taxes$1397%Insurance$1226%HOA$231%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,859

Downpayment

20%

$65,580

Closing costs

1%

$3,279

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,049

Total Expenses

$2,565

Mortgage P&I

85%

$1,749

Property Taxes

7%

$139

Home Insurance

6%

$122

HOA

1%

$23

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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