Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Friday, September 4, 2015
Invest at Campus View?

As shown per the above analysis, found on HarrisonbugInvestmentProperties.com, the purchaser of a condo at Campus View could potentially invest $32K (20% of the purchase price as a down payment) and be making $7K(+) per year in positive cash flow before taxes.

Not bad, not bad, not bad at all!  Despite the abundance of caveats (some listed below) this is a great investment opportunity to explore depending upon your tolerance for risk....
  • This assumes that you buy at the median sales price.
  • This assumes that the seller pays your closing costs.  If not, you might be investing $36K or $37K.
  • This assumes a fully leased property.  Miss a tenant for a semester or a year, and your cash flow will look less favorable.
  • This assumes you manage the property yourself.
  • There are a few other assumptions built into the model above.  Let me know if you have questions about it.