REI Lense

REI Lense

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$1,244 (target)

4562 Airport Rd, Bassett, VA 24055

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -12.81% first-year return on $52,479 initial cash invested.

-12.81%

Cash On Cash

3.88%

Cap Rate

0.62

DSCR

$1,244

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,244 income − $1,804 expenses = $560 out of pocket

Income$1,244Out of Pocket$560Mortgage P&I$1,307105%Property Taxes$867%Insurance$887%Management$12410%CapEx$625%Vacancy$756%Maintenance$625%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,244

Total Expenses

$1,804

Mortgage P&I

105%

$1,307

Property Taxes

7%

$86

Home Insurance

7%

$88

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$75

Maintenance

5%

$62

Other

0%

$0

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