REI Lense

REI Lense

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$1,707 (target)

4443 Summit Dr NW, Roanoke, VA 24017

3 beds • 2 baths • 1497 sqft

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This property might be a fair Long-Term investment with a projected 2.88% first-year return on $36,708 initial cash invested.

2.88%

Cash On Cash

7.53%

Cap Rate

1.19

DSCR

$1,707

Rent

$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,707 income − $1,619 expenses = $88 cash flow

Income$1,707Mortgage P&I$92454%Property Taxes$19011%Insurance$624%Management$17110%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$88

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,707

Total Expenses

$1,619

Mortgage P&I

54%

$924

Property Taxes

11%

$190

Home Insurance

4%

$62

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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