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$3,003 (target)

1140 Mineral Springs Dr, Vinton, VA 24179

3 beds • 2 baths • 1988 sqft

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This property might be a fair Mid-Term investment with a projected 8.75% first-year return on $73,083 initial cash invested.

8.75%

Cash On Cash

8.93%

Cap Rate

1.5

DSCR

$3,003

Rent

$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,003 income − $2,470 expenses = $533 cash flow

Income$3,003Mortgage P&I$1,30043%Property Taxes$572%Insurance$933%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$533

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,083

Downpayment

20%

$52,460

Closing costs

1%

$2,623

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,003

Total Expenses

$2,470

Mortgage P&I

43%

$1,300

Property Taxes

2%

$57

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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