REI Lense

REI Lense

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$3,410 (target)

3633 13th St NE, Washington, DC 20017

3 beds • 3 baths • 2858 sqft

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This property looks like a bad Long-Term investment with a projected -10.37% first-year return on $126k initial cash invested.

-10.37%

Cash On Cash

4.54%

Cap Rate

0.71

DSCR

$3,410

Rent

-$1,087

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,410 income − $4,497 expenses = $1,087 out of pocket

Income$3,410Out of Pocket$1,087Mortgage P&I$3,18593%Property Taxes$2166%Insurance$2106%Management$34110%CapEx$1705%Vacancy$2056%Maintenance$1705%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,410

Total Expenses

$4,497

Mortgage P&I

93%

$3,185

Property Taxes

6%

$216

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$341

CapEx

5%

$170

Vacancy

6%

$205

Maintenance

5%

$170

Other

0%

$0

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