85 Fortunes Point Ln, Wintergreen Resort, VA 22967
3 beds • 3 baths • 2612 sqft
$1,395,700
View on ZillowThis property looks like a bad Mid-Term investment with a projected -20% first-year return on $311k initial cash invested.
-20%
Cash On Cash
1.71%
Cap Rate
0.29
DSCR
$4,630
Rent
-$5,184
Cashflow
Cash Flow
$4,630 income − $9,814 expenses = $5,184 out of pocket
Investment Breakdown
|
Purchase Price
$1396k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$311k
Downpayment
20%
$279k
Closing costs
1%
$13,957
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,630
Total Expenses
$9,814
Mortgage P&I
151%
$6,992
Property Taxes
12%
$533
Home Insurance
11%
$525
HOA
4%
$190
Property Management
12%
$556
CapEx
4%
$185
Vacancy
3%
$139
Maintenance
4%
$185
Other
11%
$509