REI Lense

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$2,517 (target)

430 Tinker Ave, Vinton, VA 24179

3 beds • 2 baths • 1212 sqft

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This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $67,917 initial cash invested.

3.55%

Cash On Cash

7.51%

Cap Rate

1.25

DSCR

$2,517

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,517 income − $2,316 expenses = $201 cash flow

Income$2,517Mortgage P&I$1,18647%Property Taxes$1898%Insurance$843%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$201

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,917

Downpayment

20%

$47,540

Closing costs

1%

$2,377

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,517

Total Expenses

$2,316

Mortgage P&I

47%

$1,186

Property Taxes

8%

$189

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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