REI Lense

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$3,982 (target)

6224 Forest Grove Dr, Fredericksburg, VA 22407

3 beds • 3 baths • 1876 sqft

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This property looks like a bad Mid-Term investment with a projected -2.12% first-year return on $112k initial cash invested.

-2.12%

Cash On Cash

6.33%

Cap Rate

0.98

DSCR

$3,982

Rent

-$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,982 income − $4,180 expenses = $198 out of pocket

Income$3,982Out of Pocket$198Mortgage P&I$2,41061%Property Taxes$2406%Insurance$1634%HOA$14Management$47812%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,840

Closing costs

1%

$4,492

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,982

Total Expenses

$4,180

Mortgage P&I

61%

$2,410

Property Taxes

6%

$240

Home Insurance

4%

$163

HOA

0%

$14

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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