REI Lense

REI Lense

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$2,257 (target)

73 Greeneland Blvd, Portsmouth, VA 23701

3 beds • 2 baths • 1200 sqft

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This property might be a fair Long-Term investment with a projected 0.02% first-year return on $55,629 initial cash invested.

0.02%

Cash On Cash

6.7%

Cap Rate

1.08

DSCR

$2,257

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,257 income − $2,256 expenses = $1 cash flow

Income$2,257Mortgage P&I$1,36560%Property Taxes$2119%Insurance$934%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%Cash Flow$1

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,257

Total Expenses

$2,256

Mortgage P&I

60%

$1,365

Property Taxes

9%

$211

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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