REI Lense

REI Lense

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$2,069 (target)

7423 Sandy Ln, Mechanicsville, VA 23111

3 beds • 2 baths • 2358 sqft

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This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $71,190 initial cash invested.

-8.73%

Cash On Cash

4.48%

Cap Rate

0.75

DSCR

$2,069

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,069 income − $2,587 expenses = $518 out of pocket

Income$2,069Out of Pocket$518Mortgage P&I$1,68081%Property Taxes$22111%Insurance$1497%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,069

Total Expenses

$2,587

Mortgage P&I

81%

$1,680

Property Taxes

11%

$221

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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