REI Lense

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$3,612 (target)

881 Bifrost Way, Linden, VA 22642

3 beds • 3 baths • 2284 sqft

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This property looks like a bad Mid-Term investment with a projected -2.82% first-year return on $111k initial cash invested.

-2.82%

Cash On Cash

5.64%

Cap Rate

0.95

DSCR

$3,612

Rent

-$260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,612 income − $3,872 expenses = $260 out of pocket

Income$3,612Out of Pocket$260Mortgage P&I$2,18861%Property Taxes$2808%Insurance$1785%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,120

Closing costs

1%

$4,406

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,612

Total Expenses

$3,872

Mortgage P&I

61%

$2,188

Property Taxes

8%

$280

Home Insurance

5%

$178

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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