REI Lense

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$3,372 (target)

737 Glen Cove Dr, Ruther Glen, VA 22546

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Mid-Term investment with a projected -1.66% first-year return on $97,359 initial cash invested.

-1.66%

Cash On Cash

6.1%

Cap Rate

1

DSCR

$3,372

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,372 income − $3,507 expenses = $135 out of pocket

Income$3,372Out of Pocket$135Mortgage P&I$1,92157%Property Taxes$1585%Insurance$1334%HOA$1484%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,359

Downpayment

20%

$75,580

Closing costs

1%

$3,779

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,372

Total Expenses

$3,507

Mortgage P&I

57%

$1,921

Property Taxes

5%

$158

Home Insurance

4%

$133

HOA

4%

$148

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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