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$3,002 (target)

1710 Carlisle Ave, Richmond, VA 23231

3 beds • 2 baths • 1490 sqft

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This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $74,637 initial cash invested.

3.84%

Cash On Cash

7.73%

Cap Rate

1.26

DSCR

$3,002

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,002 income − $2,763 expenses = $239 cash flow

Income$3,002Mortgage P&I$1,37846%Property Taxes$2257%Insurance$1405%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$239

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,002

Total Expenses

$2,763

Mortgage P&I

46%

$1,378

Property Taxes

8%

$225

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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