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3201 North Ave, Richmond, VA 23222

3 beds • 3 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $80,220 initial cash invested.

-10.08%

Cash On Cash

3.87%

Cap Rate

0.69

DSCR

$2,210

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,220

Downpayment

20%

$76,400

Closing costs

1%

$3,820

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,210

Total Expenses

$2,884

Mortgage P&I

81%

$1,795

Property Taxes

17%

$379

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$133

Maintenance

5%

$110

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2.5

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0.5 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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