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$2,738 (target)

2953 Allen Farm Rd, Farmville, VA 23901

3 beds • 2 baths • 1378 sqft

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This property might be a fair Mid-Term investment with a projected 4.94% first-year return on $74,595 initial cash invested.

4.94%

Cash On Cash

7.76%

Cap Rate

1.31

DSCR

$2,738

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,738 income − $2,431 expenses = $307 cash flow

Income$2,738Mortgage P&I$1,32648%Property Taxes$773%Insurance$964%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%Cash Flow$307

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,738

Total Expenses

$2,431

Mortgage P&I

48%

$1,326

Property Taxes

3%

$77

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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