REI Lense

REI Lense

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$2,555 (target)

7814 Little Ridge Ct, Chesterfield, VA 23832

3 beds • 3 baths • 2550 sqft

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This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $91,791 initial cash invested.

-11.18%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$2,555

Rent

-$855

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,555 income − $3,410 expenses = $855 out of pocket

Income$2,555Out of Pocket$855Mortgage P&I$2,22187%Property Taxes$32713%Insurance$1476%HOA$502%Management$25610%CapEx$1285%Vacancy$1536%Maintenance$1285%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,791

Downpayment

20%

$87,420

Closing costs

1%

$4,371

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,555

Total Expenses

$3,410

Mortgage P&I

87%

$2,221

Property Taxes

13%

$327

Home Insurance

6%

$147

HOA

2%

$50

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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