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3081 Logandale Ave, Richmond, VA 23224

2 beds • 1 baths • 875 sqft

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This property looks like a bad Long-Term investment with a projected -13.86% first-year return on $50,390 initial cash invested.

-13.86%

Cash On Cash

3.81%

Cap Rate

0.6

DSCR

$1,340

Rent

-$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,390

Downpayment

20%

$47,990

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,340

Total Expenses

$1,922

Mortgage P&I

95%

$1,277

Property Taxes

16%

$213

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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