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5915 Ridge Rd, Richmond, VA 23227

3 beds • 2 baths • 1803 sqft

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This property might be a fair Long-Term investment with a projected 2.62% first-year return on $168k initial cash invested.

2.62%

Cash On Cash

5.92%

Cap Rate

1.48

DSCR

$2,190

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

45.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

45%

$135k

Closing costs

1%

$3,000

Rehab

10%

$30,000

Furnishing

0%

$0

Cashflow

Total Income

$2,190

Total Expenses

$1,823

Mortgage P&I

46%

$1,004

Property Taxes

9%

$200

Home Insurance

5%

$114

HOA

0%

$0

Property Management

8%

$175

CapEx

5%

$110

Vacancy

5%

$110

Maintenance

5%

$110

Other

0%

$0

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SQFT

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