REI Lense

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$1,865 (target)

4113 Grantlake Rd, Richmond, VA 23234

3 beds • 2 baths • 1089 sqft

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This property looks like a bad Long-Term investment with a projected -9.63% first-year return on $68,754 initial cash invested.

-9.63%

Cash On Cash

4.27%

Cap Rate

0.72

DSCR

$1,865

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,865 income − $2,417 expenses = $552 out of pocket

Income$1,865Out of Pocket$552Mortgage P&I$1,62387%Property Taxes$19410%Insurance$1166%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,865

Total Expenses

$2,417

Mortgage P&I

87%

$1,623

Property Taxes

10%

$194

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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