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$3,046 (target)

22 E 31st St, Richmond, VA 23224

3 beds • 2 baths • 1234 sqft

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This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $80,181 initial cash invested.

1.41%

Cash On Cash

7.44%

Cap Rate

1.13

DSCR

$3,046

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $2,952 expenses = $94 cash flow

Income$3,046Mortgage P&I$1,62153%Property Taxes$1906%Insurance$1053%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$94

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,181

Downpayment

20%

$59,220

Closing costs

1%

$2,961

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$2,952

Mortgage P&I

53%

$1,621

Property Taxes

6%

$190

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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