REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,338 (target)

6557 Tappan Ln, Gloucester, VA 23061

3 beds • 2 baths • 2886 sqft

Email

This property looks like a bad Mid-Term investment with a projected -18.66% first-year return on $208k initial cash invested.

-18.66%

Cash On Cash

2.3%

Cap Rate

0.36

DSCR

$3,338

Rent

-$3,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $6,574 expenses = $3,236 out of pocket

Income$3,338Out of Pocket$3,236Mortgage P&I$4,838145%Property Taxes$2688%Insurance$33210%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%

Investment Breakdown

|

Purchase Price

$905k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$208k

Downpayment

20%

$181k

Closing costs

1%

$9,050

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$6,574

Mortgage P&I

145%

$4,838

Property Taxes

8%

$268

Home Insurance

10%

$332

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis