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2901 Neil Dr, Roanoke, VA 24019

3 beds • 2 baths • 1792 sqft

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This property might be a fair Mid-Term investment with a projected 5.04% first-year return on $65,481 initial cash invested.

5.04%

Cash On Cash

7.88%

Cap Rate

1.34

DSCR

$2,493

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,481

Downpayment

20%

$45,220

Closing costs

1%

$2,261

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$2,218

Mortgage P&I

45%

$1,110

Property Taxes

7%

$180

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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