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909 Mortimer Ave, Fredericksburg, VA 22401

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Mid-Term investment with a projected -15.57% first-year return on $193k initial cash invested.

-15.57%

Cash On Cash

2.6%

Cap Rate

0.43

DSCR

$3,730

Rent

-$2,500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$832k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$166k

Closing costs

1%

$8,316

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,730

Total Expenses

$6,230

Mortgage P&I

111%

$4,153

Property Taxes

14%

$511

Home Insurance

8%

$298

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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