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$3,094 (target)

509 Water Oak Rd, Roanoke, VA 24019

3 beds • 2 baths • 1644 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $82,470 initial cash invested.

2.69%

Cash On Cash

7.13%

Cap Rate

1.2

DSCR

$3,094

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,094 income − $2,909 expenses = $185 cash flow

Income$3,094Mortgage P&I$1,51449%Property Taxes$2338%Insurance$1104%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%Cash Flow$185

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,470

Downpayment

20%

$61,400

Closing costs

1%

$3,070

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,094

Total Expenses

$2,909

Mortgage P&I

49%

$1,514

Property Taxes

8%

$233

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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