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$2,560 (target)

4443 Summit Dr NW, Roanoke, VA 24017

3 beds • 2 baths • 1497 sqft

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This property could be a profitable Mid-Term investment with a projected 11.27% first-year return on $54,708 initial cash invested.

11.27%

Cash On Cash

10.57%

Cap Rate

1.67

DSCR

$2,560

Rent

$514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,046 expenses = $514 cash flow

Income$2,560Mortgage P&I$92436%Property Taxes$1907%Insurance$622%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$514

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,046

Mortgage P&I

36%

$924

Property Taxes

7%

$190

Home Insurance

2%

$62

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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