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$3,536 (target)

1663 Wilmington Rd, Palmyra, VA 22963

3 beds • 2 baths • 2124 sqft

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This property looks like a bad Mid-Term investment with a projected -14.01% first-year return on $179k initial cash invested.

-14.01%

Cash On Cash

2.98%

Cap Rate

0.49

DSCR

$3,536

Rent

-$2,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,536 income − $5,631 expenses = $2,095 out of pocket

Income$3,536Out of Pocket$2,095Mortgage P&I$3,866109%Property Taxes$2958%Insurance$2698%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%

Investment Breakdown

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Purchase Price

$769k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,690

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,536

Total Expenses

$5,631

Mortgage P&I

109%

$3,866

Property Taxes

8%

$295

Home Insurance

8%

$269

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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