REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,712 (target)

8380 Berrybrook Dr, Salem, VA 24153

3 beds • 2 baths • 1200 sqft

Email

This property could be a profitable Long-Term investment with a projected 85.37% first-year return on $10,500 initial cash invested.

85.37%

Cash On Cash

26.69%

Cap Rate

3.99

DSCR

$1,712

Rent

$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,712 income − $965 expenses = $747 cash flow

Income$1,712Mortgage P&I$27916%Property Taxes$22213%Insurance$181%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$747

Investment Breakdown

|

Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$10,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,712

Total Expenses

$965

Mortgage P&I

16%

$279

Property Taxes

13%

$222

Home Insurance

1%

$18

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis