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$4,269 (target)

1508 West Ave, Richmond, VA 23220

3 beds • 4 baths • 3183 sqft

$1,187,200

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This property looks like a bad Long-Term investment with a projected -19.89% first-year return on $249k initial cash invested.

-19.89%

Cash On Cash

1.92%

Cap Rate

0.33

DSCR

$4,269

Rent

-$4,133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,269 income − $8,402 expenses = $4,133 out of pocket

Income$4,269Out of Pocket$4,133Mortgage P&I$5,822136%Property Taxes$1,04224%Insurance$42910%Management$42710%CapEx$2135%Vacancy$2566%Maintenance$2135%

Investment Breakdown

|

Purchase Price

$1187k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$237k

Closing costs

1%

$11,872

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,269

Total Expenses

$8,402

Mortgage P&I

136%

$5,822

Property Taxes

24%

$1,042

Home Insurance

10%

$429

HOA

0%

$0

Property Management

10%

$427

CapEx

5%

$213

Vacancy

6%

$256

Maintenance

5%

$213

Other

0%

$0

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