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$4,162 (target)

1142 Alcorn Ter, Midlothian, VA 23114

3 beds • 2 baths • 2292 sqft

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This property looks like a bad Mid-Term investment with a projected -4.15% first-year return on $122k initial cash invested.

-4.15%

Cash On Cash

5.35%

Cap Rate

0.9

DSCR

$4,162

Rent

-$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,162 income − $4,583 expenses = $421 out of pocket

Income$4,162Out of Pocket$421Mortgage P&I$2,45559%Property Taxes$3398%Insurance$1925%HOA$1834%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45811%

Investment Breakdown

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Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,700

Closing costs

1%

$4,935

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,162

Total Expenses

$4,583

Mortgage P&I

59%

$2,455

Property Taxes

8%

$339

Home Insurance

5%

$192

HOA

4%

$183

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

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