REI Lense

REI Lense

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$2,322 (target)

9295 Michael Dr, King George, VA 22485

3 beds • 2 baths • 2291 sqft

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This property looks like a bad Long-Term investment with a projected -16.33% first-year return on $127k initial cash invested.

-16.33%

Cash On Cash

2.7%

Cap Rate

0.46

DSCR

$2,322

Rent

-$1,723

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $4,045 expenses = $1,723 out of pocket

Income$2,322Out of Pocket$1,723Mortgage P&I$2,963128%Property Taxes$26411%Insurance$2159%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$603k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$121k

Closing costs

1%

$6,031

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,322

Total Expenses

$4,045

Mortgage P&I

128%

$2,963

Property Taxes

11%

$264

Home Insurance

9%

$215

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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