REI Lense

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$3,288 (target)

421 Longview Ave, Winchester, VA 22601

3 beds • 3 baths • 2260 sqft

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This property looks like a bad Mid-Term investment with a projected -5.97% first-year return on $111k initial cash invested.

-5.97%

Cash On Cash

5.26%

Cap Rate

0.82

DSCR

$3,288

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,288 income − $3,840 expenses = $552 out of pocket

Income$3,288Out of Pocket$552Mortgage P&I$2,36172%Property Taxes$1946%Insurance$1655%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%

Investment Breakdown

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Purchase Price

$443k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,560

Closing costs

1%

$4,428

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,288

Total Expenses

$3,840

Mortgage P&I

72%

$2,361

Property Taxes

6%

$194

Home Insurance

5%

$165

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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