REI Lense

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$3,468 (target)

4713 Laurie Ln, Richmond, VA 23223

3 beds • 2 baths • 1377 sqft

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This property could be a profitable Mid-Term investment with a projected 11.42% first-year return on $72,936 initial cash invested.

11.42%

Cash On Cash

9.95%

Cap Rate

1.62

DSCR

$3,468

Rent

$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,468 income − $2,774 expenses = $694 cash flow

Income$3,468Mortgage P&I$1,33739%Property Taxes$1645%Insurance$943%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%Cash Flow$694

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,936

Downpayment

20%

$52,320

Closing costs

1%

$2,616

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,468

Total Expenses

$2,774

Mortgage P&I

39%

$1,337

Property Taxes

5%

$164

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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