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615 Riggs Rd, Louisa, VA 23093

3 beds • 5 baths • 5369 sqft

$2,750,000

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This property looks like a bad Long-Term investment with a projected -26.84% first-year return on $578k initial cash invested.

-26.84%

Cash On Cash

0.27%

Cap Rate

0.05

DSCR

$2,634

Rent

-$12,916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2750k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$578k

Downpayment

20%

$550k

Closing costs

1%

$27,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,634

Total Expenses

$15,550

Mortgage P&I

508%

$13,393

Property Taxes

19%

$510

Home Insurance

37%

$962

HOA

0%

$0

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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