REI Lense

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$3,059 (target)

578 Seclusion Shores Dr, Mineral, VA 23117

3 beds • 4 baths • 2742 sqft

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This property looks like a bad Long-Term investment with a projected -19.31% first-year return on $167k initial cash invested.

-19.31%

Cash On Cash

2.41%

Cap Rate

0.39

DSCR

$3,059

Rent

-$2,682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,059 income − $5,741 expenses = $2,682 out of pocket

Income$3,059Out of Pocket$2,682Mortgage P&I$4,122135%Property Taxes$46615%Insurance$31510%HOA$421%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

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Purchase Price

$794k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$159k

Closing costs

1%

$7,936

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,059

Total Expenses

$5,741

Mortgage P&I

135%

$4,122

Property Taxes

15%

$466

Home Insurance

10%

$315

HOA

1%

$42

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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