REI Lense

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$2,309 (target)

3663 Bradshaw Rd, Salem, VA 24153

3 beds • 2 baths • 2233 sqft

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This property looks like a bad Long-Term investment with a projected -20.3% first-year return on $152k initial cash invested.

-20.3%

Cash On Cash

1.93%

Cap Rate

0.32

DSCR

$2,309

Rent

-$2,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $4,885 expenses = $2,576 out of pocket

Income$2,309Out of Pocket$2,576Mortgage P&I$3,626157%Property Taxes$40518%Insurance$25411%Management$23110%CapEx$1155%Vacancy$1396%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,309

Total Expenses

$4,885

Mortgage P&I

157%

$3,626

Property Taxes

18%

$405

Home Insurance

11%

$254

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$139

Maintenance

5%

$115

Other

0%

$0

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