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$2,336 (target)

266 Chatmoss Court Ext, Martinsville, VA 24112

3 beds • 2 baths • 1592 sqft

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This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $65,250 initial cash invested.

4.67%

Cash On Cash

7.9%

Cap Rate

1.31

DSCR

$2,336

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,082 expenses = $254 cash flow

Income$2,336Mortgage P&I$1,13449%Property Taxes$763%Insurance$793%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$254

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,082

Mortgage P&I

49%

$1,134

Property Taxes

3%

$76

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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