REI Lense

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$4,156 (target)

883 Virginia Ave, Culpeper, VA 22701

3 beds • 3 baths • 2456 sqft

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This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $112k initial cash invested.

0.29%

Cash On Cash

6.65%

Cap Rate

1.08

DSCR

$4,156

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,156 income − $4,129 expenses = $27 cash flow

Income$4,156Mortgage P&I$2,28755%Property Taxes$1814%Insurance$1584%HOA$902%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%Cash Flow$27

Investment Breakdown

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Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,480

Closing costs

1%

$4,474

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,156

Total Expenses

$4,129

Mortgage P&I

55%

$2,287

Property Taxes

4%

$181

Home Insurance

4%

$158

HOA

2%

$90

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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