REI Lense

REI Lense

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$1,310 (target)

58 Ford Trl, Bracey, VA 23919

3 beds • 2 baths • 980 sqft

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This property might be a fair Long-Term investment with a projected 9.94% first-year return on $27,279 initial cash invested.

9.94%

Cash On Cash

8.81%

Cap Rate

1.44

DSCR

$1,310

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,310 income − $1,084 expenses = $226 cash flow

Income$1,310Mortgage P&I$66251%Property Taxes$262%Insurance$544%Management$13110%CapEx$665%Vacancy$796%Maintenance$665%Cash Flow$226

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,310

Total Expenses

$1,084

Mortgage P&I

51%

$662

Property Taxes

2%

$26

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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