REI Lense

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$3,104 (target)

7423 Sandy Ln, Mechanicsville, VA 23111

3 beds • 2 baths • 2358 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $89,190 initial cash invested.

0%

Cash On Cash

6.39%

Cap Rate

1.07

DSCR

$3,104

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $3,104 expenses = $0 cash flow

Income$3,104Mortgage P&I$1,68054%Property Taxes$2217%Insurance$1495%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$3,104

Mortgage P&I

54%

$1,680

Property Taxes

7%

$221

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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