REI Lense

REI Lense

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$3,384 (target)

4 Old Homestead Cir, Palmyra, VA 22963

3 beds • 3 baths • 1664 sqft

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This property might be a fair Mid-Term investment with a projected 3.6% first-year return on $85,431 initial cash invested.

3.6%

Cash On Cash

7.33%

Cap Rate

1.25

DSCR

$3,384

Rent

$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,431

Downpayment

20%

$64,220

Closing costs

1%

$3,211

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,384

Total Expenses

$3,128

Mortgage P&I

46%

$1,570

Property Taxes

5%

$173

Home Insurance

3%

$114

HOA

4%

$121

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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