REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

6986 Cornfield Ln, Mechanicsville, VA 23111

3 beds • 3 baths • 1509 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $86,250 initial cash invested.

3.95%

Cash On Cash

7.33%

Cap Rate

1.26

DSCR

$3,290

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,006

Mortgage P&I

48%

$1,570

Property Taxes

6%

$202

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis