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$4,016 (target)

409 Highland Ave SW, Roanoke, VA 24016

3 beds • 3 baths • 3286 sqft

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This property looks like a bad Mid-Term investment with a projected -6.8% first-year return on $131k initial cash invested.

-6.8%

Cash On Cash

4.62%

Cap Rate

0.78

DSCR

$4,016

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,016 income − $4,761 expenses = $745 out of pocket

Income$4,016Out of Pocket$745Mortgage P&I$2,66366%Property Taxes$54314%Insurance$1895%Management$48212%CapEx$1614%Vacancy$1203%Maintenance$1614%Other$44211%

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,016

Total Expenses

$4,761

Mortgage P&I

66%

$2,663

Property Taxes

14%

$543

Home Insurance

5%

$189

HOA

0%

$0

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$120

Maintenance

4%

$161

Other

11%

$442

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