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$4,238 (target)

1510 Ashley Dr, Salem, VA 24153

3 beds • 3 baths • 3324 sqft

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This property looks like a bad Mid-Term investment with a projected -5.26% first-year return on $133k initial cash invested.

-5.26%

Cash On Cash

5.2%

Cap Rate

0.85

DSCR

$4,238

Rent

-$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,238 income − $4,821 expenses = $583 out of pocket

Income$4,238Out of Pocket$583Mortgage P&I$2,78466%Property Taxes$3999%Insurance$1965%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46611%

Investment Breakdown

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Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,475

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,238

Total Expenses

$4,821

Mortgage P&I

66%

$2,784

Property Taxes

9%

$399

Home Insurance

5%

$196

HOA

0%

$0

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$466

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