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8441 Great Lake Ln, Springfield, VA 22153

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Mid-Term investment with a projected -11.3% first-year return on $168k initial cash invested.

-11.3%

Cash On Cash

3.47%

Cap Rate

0.59

DSCR

$4,278

Rent

-$1,587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$717k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,165

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,278

Total Expenses

$5,865

Mortgage P&I

82%

$3,488

Property Taxes

14%

$600

Home Insurance

6%

$254

HOA

2%

$69

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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