REI Lense

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$3,435 (target)

7623 Mendota Pl, Springfield, VA 22150

3 beds • 3 baths • 1217 sqft

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This property looks like a bad Long-Term investment with a projected -13.65% first-year return on $136k initial cash invested.

-13.65%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$3,435

Rent

-$1,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,435 income − $4,982 expenses = $1,547 out of pocket

Income$3,435Out of Pocket$1,547Mortgage P&I$3,23194%Property Taxes$59517%Insurance$2628%Management$34410%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

|

Purchase Price

$648k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,475

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,435

Total Expenses

$4,982

Mortgage P&I

94%

$3,231

Property Taxes

17%

$595

Home Insurance

8%

$262

HOA

0%

$0

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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