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$3,582 (target)

1224 Coronado Dr, Salem, VA 24153

3 beds • 3 baths • 2153 sqft

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This property looks like a bad Mid-Term investment with a projected -0.82% first-year return on $101k initial cash invested.

-0.82%

Cash On Cash

6.13%

Cap Rate

1.04

DSCR

$3,582

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,582 income − $3,651 expenses = $69 out of pocket

Income$3,582Out of Pocket$69Mortgage P&I$1,94254%Property Taxes$3319%Insurance$1404%HOA$211%Management$43012%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,980

Closing costs

1%

$3,949

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,582

Total Expenses

$3,651

Mortgage P&I

54%

$1,942

Property Taxes

9%

$331

Home Insurance

4%

$140

HOA

1%

$21

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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