REI Lense

REI Lense

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$2,028 (target)

3924 Lamplighter Dr, North Chesterfield, VA 23234

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Long-Term investment with a projected -6.69% first-year return on $66,150 initial cash invested.

-6.69%

Cash On Cash

5.01%

Cap Rate

0.83

DSCR

$2,028

Rent

-$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,028 income − $2,397 expenses = $369 out of pocket

Income$2,028Out of Pocket$369Mortgage P&I$1,58278%Property Taxes$1789%Insurance$1105%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,028

Total Expenses

$2,397

Mortgage P&I

78%

$1,582

Property Taxes

9%

$178

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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