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$3,052 (target)

1411 Connecticut Ave, Glen Allen, VA 23060

3 beds • 2 baths • 1072 sqft

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This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $88,077 initial cash invested.

0.95%

Cash On Cash

6.56%

Cap Rate

1.12

DSCR

$3,052

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,052 income − $2,982 expenses = $70 cash flow

Income$3,052Mortgage P&I$1,63354%Property Taxes$1976%Insurance$1144%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$70

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,077

Downpayment

20%

$66,740

Closing costs

1%

$3,337

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,052

Total Expenses

$2,982

Mortgage P&I

54%

$1,633

Property Taxes

6%

$197

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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