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$2,568 (target)

8380 Berrybrook Dr, Salem, VA 24153

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 49.52% first-year return on $28,500 initial cash invested.

49.52%

Cash On Cash

37.39%

Cap Rate

5.58

DSCR

$2,568

Rent

$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,568 income − $1,392 expenses = $1,176 cash flow

Income$2,568Mortgage P&I$27911%Property Taxes$2229%Insurance$181%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$1,176

Investment Breakdown

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Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

36%

$18,000

Cashflow

Total Income

$2,568

Total Expenses

$1,392

Mortgage P&I

11%

$279

Property Taxes

9%

$222

Home Insurance

1%

$18

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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