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$3,267 (target)

7443 Ridge View Rd, Mechanicsville, VA 23111

3 beds • 2 baths • 1658 sqft

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This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $86,250 initial cash invested.

2.67%

Cash On Cash

7.11%

Cap Rate

1.2

DSCR

$3,267

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,267 income − $3,075 expenses = $192 cash flow

Income$3,267Mortgage P&I$1,60349%Property Taxes$2478%Insurance$1143%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$192

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,267

Total Expenses

$3,075

Mortgage P&I

49%

$1,603

Property Taxes

8%

$247

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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