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$3,166 (target)

11501 Elmont Rd, Ashland, VA 23005

3 beds • 3 baths • 1880 sqft

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This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $82,113 initial cash invested.

3.57%

Cash On Cash

7.36%

Cap Rate

1.25

DSCR

$3,166

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,166 income − $2,922 expenses = $244 cash flow

Income$3,166Mortgage P&I$1,50247%Property Taxes$2337%Insurance$1103%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$244

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,113

Downpayment

20%

$61,060

Closing costs

1%

$3,053

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,166

Total Expenses

$2,922

Mortgage P&I

47%

$1,502

Property Taxes

7%

$233

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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