REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,100 (target)

6814 Gate City Hwy, Bristol, VA 24202

3 beds • 2 baths • 1503 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.31% first-year return on $75,414 initial cash invested.

8.31%

Cash On Cash

9.16%

Cap Rate

1.45

DSCR

$3,100

Rent

$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $2,578 expenses = $522 cash flow

Income$3,100Mortgage P&I$1,44046%Property Taxes$843%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$522

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,414

Downpayment

20%

$54,680

Closing costs

1%

$2,734

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$2,578

Mortgage P&I

46%

$1,440

Property Taxes

3%

$84

Home Insurance

0%

$0

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis