REI Lense

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$3,486 (target)

9018 Basswood Dr, Quinton, VA 23141

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 0.97% first-year return on $96,918 initial cash invested.

0.97%

Cash On Cash

6.85%

Cap Rate

1.11

DSCR

$3,486

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,486 income − $3,408 expenses = $78 cash flow

Income$3,486Mortgage P&I$1,92955%Property Taxes$1735%Insurance$1223%Management$41812%CapEx$1394%Vacancy$1053%Maintenance$1394%Other$38311%Cash Flow$78

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,918

Downpayment

20%

$75,160

Closing costs

1%

$3,758

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,486

Total Expenses

$3,408

Mortgage P&I

55%

$1,929

Property Taxes

5%

$173

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$105

Maintenance

4%

$139

Other

11%

$383

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