$76,336
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$11,617
Profit
Revenue
$76,336
Operating Expenses
$23,004
Operating Income
$53,332
Mortgage & Taxes
$41,715
Profit (Cash Flow)
$11,617
$150,982
Cash Investment
Down Payment
$123,680
Renos & Furnishing
$8,750
Closing Costs
$18,552
Total
$150,982
DSCR Ratio
Strong
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
7.69%
Cap Rate
8.62%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$29,350
Deductible property tax
$6,122
Your total deduction
$54,712
Your adjusted annual income
$150,000 - $54,712 = $95,288
Taxes on $95,288 (30%)
$28,586
Your old tax bill
$45,000
Your new tax bill
$28,586
Estimated tax savings
$16,414
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
7,013 sqft
Year built:
1937
Size:
2,912 sqft
Type:
SFR
Parking:
-
Heating:
HEAT PUMP
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 3211 Douglasdale Rd | 2 | 1 | 1,164 | - | 7,560 | 1955 | $362,500 | 28 |
| 801 Spottswood Rd | 4 | 4 | 2,480 | - | 10,863 | 1927 | $1,175,000 | - |
| 3201 Garrett St | 3 | 2 | 1,687 | - | 9,587 | 1952 | $250,000 | - |
| 3210 Grant St | 3 | 1 | 1,044 | - | 5,301 | 1940 | $350,000 | 6 |
| 3007 Grant St | 4 | 1 | 1,738 | - | 8,407 | 1945 | $275,000 | - |
| 2206 Floyd Ave | 3 | 2 | 1,870 | - | 2,227 | 1910 | $770,000 | - |
| 3210 Maplewood Ave | 2 | 1 | 1,540 | - | 5,199 | 1940 | $335,000 | - |
| 2231 Rosewood Ave | 3 | 2 | 2,140 | - | 2,200 | 1923 | $0 | - |
| 3300 Rosewood Ave | 2 | 1 | 740 | - | 3,738 | 1926 | $211,000 | 45 |
| 3112 Ellwood Ave | 3 | 2 | 1,340 | - | 2,728 | 1921 | $443,000 | 405 |
Property Details
- MLS Status: Active
- Property Use: Single Family Residence
- Stories: 1
- Lot size: 7,013 sqft
- Building area: 2,912 sqft
- Garage: No
- Heating: Heat pump
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-4 SINGLE FAMILY
- Land Use: Residential
- Parcel Number: W-000-1335-013
- Flood Zone: No
Tax Info
- Year Assessed: 2020
- Assessed Value: $547,000
- County Est. Land Value: $140,000
- Assessed Land Value: $140,000
- County Est. Structure Value: $407,000
Market Estimate: $508,570
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 04/19/22 | $643,615 | 0% | Steven P Schad, Violet S Schad |
| 09/17/14 | $316,000 | 80% | Johnny Ho |
| 10/30/09 | $0 | 0% | Holliday,Iris E |
Ownership
- Name: Schad Steven P
- Owner Occupied: Yes
- Owner Mailing Address: 3000 Douglasdale Rd, Richmond, Va 23221
- Years Owned: 18
- Home Equity: $258,700
- Mortgage Balance Remaining: $252,800
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No
Schools
- Elementary School: John B. Cary Elementary School with 6/10 star rating
- Middle School: Albert Hill Middle School with 4/10 star rating
- High School: Thomas Jefferson High School with 2/10 star rating