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$3,158 (target)

13200 Echo Ridge Dr, Midlothian, VA 23112

3 beds • 2 baths • 1184 sqft

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This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $89,358 initial cash invested.

1.25%

Cash On Cash

6.68%

Cap Rate

1.13

DSCR

$3,158

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,158 income − $3,065 expenses = $93 cash flow

Income$3,158Mortgage P&I$1,67253%Property Taxes$2187%Insurance$1023%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%Cash Flow$93

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,358

Downpayment

20%

$67,960

Closing costs

1%

$3,398

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,158

Total Expenses

$3,065

Mortgage P&I

53%

$1,672

Property Taxes

7%

$218

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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