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$4,563 (target)

6029 Grove Dr, Alexandria, VA 22307

3 beds • 3 baths • 2393 sqft

$1,187,100

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This property looks like a bad Long-Term investment with a projected -21.16% first-year return on $249k initial cash invested.

-21.16%

Cash On Cash

2.02%

Cap Rate

0.32

DSCR

$4,563

Rent

-$4,395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,563 income − $8,958 expenses = $4,395 out of pocket

Income$4,563Out of Pocket$4,395Mortgage P&I$6,165135%Property Taxes$1,11925%Insurance$48811%Management$45610%CapEx$2285%Vacancy$2746%Maintenance$2285%

Investment Breakdown

|

Purchase Price

$1187k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$237k

Closing costs

1%

$11,871

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,563

Total Expenses

$8,958

Mortgage P&I

135%

$6,165

Property Taxes

25%

$1,119

Home Insurance

11%

$488

HOA

0%

$0

Property Management

10%

$456

CapEx

5%

$228

Vacancy

6%

$274

Maintenance

5%

$228

Other

0%

$0

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