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$3,543 (target)

320 Richmond Ave, Mineral, VA 23117

3 beds • 2 baths • 1450 sqft

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This property might be a fair Mid-Term investment with a projected 3.51% first-year return on $92,319 initial cash invested.

3.51%

Cash On Cash

7.27%

Cap Rate

1.24

DSCR

$3,543

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,543 income − $3,273 expenses = $270 cash flow

Income$3,543Mortgage P&I$1,73349%Property Taxes$2106%Insurance$1254%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%Cash Flow$270

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,319

Downpayment

20%

$70,780

Closing costs

1%

$3,539

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,543

Total Expenses

$3,273

Mortgage P&I

49%

$1,733

Property Taxes

6%

$210

Home Insurance

4%

$125

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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