REI Lense

REI Lense

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$2,901 (target)

91 Alleghany Rd, Hampton, VA 23661

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Mid-Term investment with a projected -1.35% first-year return on $86,250 initial cash invested.

-1.35%

Cash On Cash

6.1%

Cap Rate

1.01

DSCR

$2,901

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,901 income − $2,998 expenses = $97 out of pocket

Income$2,901Out of Pocket$97Mortgage P&I$1,63256%Property Taxes$2669%Insurance$1144%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,901

Total Expenses

$2,998

Mortgage P&I

56%

$1,632

Property Taxes

9%

$266

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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