REI Lense

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$2,224 (target)

4527 Edgelawn Ave NW, Roanoke, VA 24017

3 beds • 2 baths • 1304 sqft

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This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $62,184 initial cash invested.

3.07%

Cash On Cash

7.64%

Cap Rate

1.23

DSCR

$2,224

Rent

$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,224 income − $2,065 expenses = $159 cash flow

Income$2,224Mortgage P&I$1,09249%Property Taxes$1557%Insurance$613%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$159

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,184

Downpayment

20%

$42,080

Closing costs

1%

$2,104

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,224

Total Expenses

$2,065

Mortgage P&I

49%

$1,092

Property Taxes

7%

$155

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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