REI Lense

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$3,214 (target)

6391 Wheeler Dr, King George, VA 22485

3 beds • 2 baths • 1196 sqft

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This property looks like a bad Mid-Term investment with a projected -0.3% first-year return on $93,138 initial cash invested.

-0.3%

Cash On Cash

6.27%

Cap Rate

1.06

DSCR

$3,214

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $3,237 expenses = $23 out of pocket

Income$3,214Out of Pocket$23Mortgage P&I$1,76455%Property Taxes$1424%Insurance$1174%HOA$1204%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,138

Downpayment

20%

$71,560

Closing costs

1%

$3,578

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$3,237

Mortgage P&I

55%

$1,764

Property Taxes

4%

$142

Home Insurance

4%

$117

HOA

4%

$120

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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