REI Lense

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$2,288 (target)

403 6th Ave, Radford, VA 24141

3 beds • 2 baths • 1038 sqft

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $70,479 initial cash invested.

-1.19%

Cash On Cash

6.52%

Cap Rate

1.02

DSCR

$2,288

Rent

-$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $2,358 expenses = $70 out of pocket

Income$2,288Out of Pocket$70Mortgage P&I$1,33558%Property Taxes$1557%Insurance$884%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$2,358

Mortgage P&I

58%

$1,335

Property Taxes

7%

$155

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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