REI Lense

REI Lense

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$1,545 (target)

495 Irvin Seay Rd, Bassett, VA 24055

3 beds • 2 baths • 2031 sqft

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This property looks like a bad Long-Term investment with a projected -0.65% first-year return on $42,546 initial cash invested.

-0.65%

Cash On Cash

6.57%

Cap Rate

1.05

DSCR

$1,545

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,545 income − $1,568 expenses = $23 out of pocket

Income$1,545Out of Pocket$23Mortgage P&I$1,05668%Property Taxes$433%Insurance$684%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,546

Downpayment

20%

$40,520

Closing costs

1%

$2,026

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,545

Total Expenses

$1,568

Mortgage P&I

68%

$1,056

Property Taxes

3%

$43

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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