REI Lense

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$2,925 (target)

7834 Barrens Rd, Roanoke, VA 24019

3 beds • 2 baths • 2325 sqft

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This property might be a fair Mid-Term investment with a projected 4.75% first-year return on $73,251 initial cash invested.

4.75%

Cash On Cash

7.83%

Cap Rate

1.31

DSCR

$2,925

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $2,635 expenses = $290 cash flow

Income$2,925Mortgage P&I$1,30945%Property Taxes$2378%Insurance$943%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$290

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,251

Downpayment

20%

$52,620

Closing costs

1%

$2,631

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$2,635

Mortgage P&I

45%

$1,309

Property Taxes

8%

$237

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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