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 Long-Term investment with a projected -24.38% first-year return on $293k initial cash invested.
-24.38%
Cash On Cash
1.02%
Cap Rate
0.17
DSCR
$3,087
Rent
-$5,955
Cashflow
Cash Flow
$3,087 income − $9,042 expenses = $5,955 out of pocket
Investment Breakdown
|
Purchase Price
$1396k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$293k
Downpayment
20%
$279k
Closing costs
1%
$13,957
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,087
Total Expenses
$9,042
Mortgage P&I
227%
$6,992
Property Taxes
17%
$533
Home Insurance
17%
$525
HOA
6%
$190
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0