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$3,957 (target)

4161 Coles Point Way, Glen Allen, VA 23060

3 beds • 3 baths • 2591 sqft

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This property looks like a bad Mid-Term investment with a projected -11.4% first-year return on $144k initial cash invested.

-11.4%

Cash On Cash

3.45%

Cap Rate

0.59

DSCR

$3,957

Rent

-$1,371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,957 income − $5,328 expenses = $1,371 out of pocket

Income$3,957Out of Pocket$1,371Mortgage P&I$2,94374%Property Taxes$38310%Insurance$1925%HOA$46512%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%

Investment Breakdown

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Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,015

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,957

Total Expenses

$5,328

Mortgage P&I

74%

$2,943

Property Taxes

10%

$383

Home Insurance

5%

$192

HOA

12%

$465

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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