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$2,986 (target)

1012 Park Ave, Mineral, VA 23117

3 beds • 2 baths • 1402 sqft

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This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $79,677 initial cash invested.

2.64%

Cash On Cash

7.18%

Cap Rate

1.2

DSCR

$2,986

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,811 expenses = $175 cash flow

Income$2,986Mortgage P&I$1,46449%Property Taxes$2027%Insurance$1314%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$175

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,811

Mortgage P&I

49%

$1,464

Property Taxes

7%

$202

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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