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1636 Meadowbrook Heights Rd, Charlottesville, VA 22901
3 beds • 2 baths • 2344 sqft
$704,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -16.03% first-year return on $148k initial cash invested.
-16.03%
Cash On Cash
2.75%
Cap Rate
0.47
DSCR
$2,918
Rent
-$1,977
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,918 income − $4,895 expenses = $1,977 out of pocket
Investment Breakdown
|
Purchase Price
$705k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$141k
Closing costs
1%
$7,049
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,918
Total Expenses
$4,895
Mortgage P&I
118%
$3,449
Property Taxes
16%
$479
Home Insurance
7%
$208
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0