REI Lense

REI Lense

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$2,179 (target)

5825 Barberry Ln, Portsmouth, VA 23703

3 beds • 3 baths • 1408 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $77,490 initial cash invested.

-9.43%

Cash On Cash

4.32%

Cap Rate

0.73

DSCR

$2,179

Rent

-$609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,179 income − $2,788 expenses = $609 out of pocket

Income$2,179Out of Pocket$609Mortgage P&I$1,82984%Property Taxes$26312%Insurance$1296%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,179

Total Expenses

$2,788

Mortgage P&I

84%

$1,829

Property Taxes

12%

$263

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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