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$3,538 (target)

2354 Virgil H Goode Hwy, Rocky Mount, VA 24151

3 beds • 3 baths • 3263 sqft

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This property looks like a bad Mid-Term investment with a projected -13.27% first-year return on $186k initial cash invested.

-13.27%

Cash On Cash

3.07%

Cap Rate

0.52

DSCR

$3,538

Rent

-$2,057

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,538 income − $5,595 expenses = $2,057 out of pocket

Income$3,538Out of Pocket$2,057Mortgage P&I$3,963112%Property Taxes$1484%Insurance$2808%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$38911%

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,538

Total Expenses

$5,595

Mortgage P&I

112%

$3,963

Property Taxes

4%

$148

Home Insurance

8%

$280

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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