REI Lense

REI Lense

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$1,584 (target)

920 Cabell St, Lynchburg, VA 24504

3 beds • 2 baths • 2290 sqft

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This property might be a fair Long-Term investment with a projected 5.36% first-year return on $36,750 initial cash invested.

5.36%

Cash On Cash

7.63%

Cap Rate

1.28

DSCR

$1,584

Rent

$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,584

Total Expenses

$1,420

Mortgage P&I

55%

$869

Property Taxes

5%

$79

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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