REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,672 (target)

6709 Ninth Corps Ln, Spotsylvania, VA 22553

3 beds • 4 baths • 2884 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $97,314 initial cash invested.

-10.43%

Cash On Cash

4.1%

Cap Rate

0.69

DSCR

$2,672

Rent

-$846

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,672 income − $3,518 expenses = $846 out of pocket

Income$2,672Out of Pocket$846Mortgage P&I$2,29786%Property Taxes$2529%Insurance$1867%HOA$883%Management$26710%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,314

Downpayment

20%

$92,680

Closing costs

1%

$4,634

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,672

Total Expenses

$3,518

Mortgage P&I

86%

$2,297

Property Taxes

9%

$252

Home Insurance

7%

$186

HOA

3%

$88

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis