REI Lense

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$2,698 (target)

896 Collierstown Rd, Lexington, VA 24450

3 beds • 2 baths • 2026 sqft

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This property looks like a bad Mid-Term investment with a projected -5.1% first-year return on $100k initial cash invested.

-5.1%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$2,698

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,698 income − $3,125 expenses = $427 out of pocket

Income$2,698Out of Pocket$427Mortgage P&I$1,95472%Property Taxes$1094%Insurance$1445%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%

Investment Breakdown

|

Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,460

Closing costs

1%

$3,923

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$3,125

Mortgage P&I

72%

$1,954

Property Taxes

4%

$109

Home Insurance

5%

$144

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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