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$2,866 (target)

219 Valleydale Ave, Salem, VA 24153

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $77,850 initial cash invested.

3.16%

Cash On Cash

7.53%

Cap Rate

1.22

DSCR

$2,866

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $2,661 expenses = $205 cash flow

Income$2,866Mortgage P&I$1,46951%Property Taxes$1154%Insurance$1024%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$205

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$2,661

Mortgage P&I

51%

$1,469

Property Taxes

4%

$115

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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