REI Lense

REI Lense

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$3,870 (target)

9109 Northedge Dr, Springfield, VA 22153

3 beds • 4 baths • 2202 sqft

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This property looks like a bad Long-Term investment with a projected -17.64% first-year return on $183k initial cash invested.

-17.64%

Cash On Cash

2.61%

Cap Rate

0.43

DSCR

$3,870

Rent

-$2,693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,870 income − $6,563 expenses = $2,693 out of pocket

Income$3,870Out of Pocket$2,693Mortgage P&I$4,399114%Property Taxes$83422%Insurance$3108%HOA$13Management$38710%CapEx$1945%Vacancy$2326%Maintenance$1945%

Investment Breakdown

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Purchase Price

$873k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$175k

Closing costs

1%

$8,725

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,870

Total Expenses

$6,563

Mortgage P&I

114%

$4,399

Property Taxes

22%

$834

Home Insurance

8%

$310

HOA

0%

$13

Property Management

10%

$387

CapEx

5%

$194

Vacancy

6%

$232

Maintenance

5%

$194

Other

0%

$0

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