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3513 Grandview Dr, Richmond, VA 23225

3 beds • 2 baths • 2080 sqft

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This property looks like a bad Long-Term investment with a projected -12.19% first-year return on $107k initial cash invested.

-12.19%

Cash On Cash

3.56%

Cap Rate

0.61

DSCR

$2,730

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$509k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$102k

Closing costs

1%

$5,088

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,730

Total Expenses

$3,815

Mortgage P&I

90%

$2,460

Property Taxes

17%

$464

Home Insurance

7%

$182

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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2

1

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$2,850

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