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1623 Elm St, Bristol, VA 24201

4 beds • 2 baths • 1816 sqft

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This property might be a fair Long-Term investment with a projected 9.73% first-year return on $15,290 initial cash invested.

9.73%

Cash On Cash

14.41%

Cap Rate

1.16

DSCR

$2,100

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,100 income − $1,976 expenses = $124 cash flow

Income$2,100Mortgage P&I$1,44069%Property Taxes$1487%Insurance$522%CapEx$1055%Vacancy$1266%Maintenance$1055%Cash Flow$124

Investment Breakdown

|

Purchase Price

$139k

Downpayment

10.0%

Interest Rate

6.8%

Mortgage Duration

10yr.

Cash To Invest

Total

$15,290

Downpayment

10%

$13,900

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$1,976

Mortgage P&I

69%

$1,440

Property Taxes

7%

$148

Home Insurance

2%

$52

HOA

0%

$0

Property Management

0%

$0

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

404 Carolina Ave, Bristol, TN 37620

$1,400

4

2

1700

1.2 mi

340 Booher Ln, Bristol, VA 24201

$1,600

4

2

2100

0.9 mi

207 Monroe Dr, Bristol, TN 37620

$2,995

4

2.5

1786

3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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