REI Lense

REI Lense

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$3,262 (target)

58 Bedford Rd, Newport News, VA 23601

3 beds • 2 baths • 1694 sqft

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This property looks like a bad Mid-Term investment with a projected -0.01% first-year return on $86,250 initial cash invested.

-0.01%

Cash On Cash

6.84%

Cap Rate

1.07

DSCR

$3,262

Rent

-$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,262 income − $3,263 expenses = $1 out of pocket

Income$3,262Out of Pocket$1Mortgage P&I$1,72453%Property Taxes$31710%Insurance$1143%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,262

Total Expenses

$3,263

Mortgage P&I

53%

$1,724

Property Taxes

10%

$317

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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