REI Lense

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$2,948 (target)

7027 Poteet Ln, Mechanicsville, VA 23111

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $85,788 initial cash invested.

1.17%

Cash On Cash

6.58%

Cap Rate

1.13

DSCR

$2,948

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,788

Downpayment

20%

$64,560

Closing costs

1%

$3,228

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,948

Total Expenses

$2,864

Mortgage P&I

53%

$1,567

Property Taxes

6%

$181

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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