REI Lense

REI Lense

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$3,390 (target)

75 Riverside Dr, Palmyra, VA 22963

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 5.15% first-year return on $81,021 initial cash invested.

5.15%

Cash On Cash

7.85%

Cap Rate

1.33

DSCR

$3,390

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,021

Downpayment

20%

$60,020

Closing costs

1%

$3,001

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,390

Total Expenses

$3,042

Mortgage P&I

44%

$1,479

Property Taxes

5%

$176

Home Insurance

3%

$114

HOA

4%

$119

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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