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3016 Grandin Rd, Roanoke, VA 24018

3 beds • 2 baths • 1620 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $86,166 initial cash invested.

2.27%

Cash On Cash

6.89%

Cap Rate

1.18

DSCR

$3,060

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$2,897

Mortgage P&I

52%

$1,579

Property Taxes

5%

$162

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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