REI Lense

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$2,411 (target)

47 Magnolia Boulevard Former Cedar Ln, Colonial Beach, VA 22443

3 beds • 3 baths • 1504 sqft

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This property might be a fair Long-Term investment with a projected 0.71% first-year return on $68,985 initial cash invested.

0.71%

Cash On Cash

6.51%

Cap Rate

1.1

DSCR

$2,411

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,411 income − $2,370 expenses = $41 cash flow

Income$2,411Mortgage P&I$1,61967%Property Taxes$8Insurance$1155%Management$24110%CapEx$1215%Vacancy$1456%Maintenance$1215%Cash Flow$41

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,985

Downpayment

20%

$65,700

Closing costs

1%

$3,285

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,411

Total Expenses

$2,370

Mortgage P&I

67%

$1,619

Property Taxes

0%

$8

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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