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CAMPUS VIEW CONDOS

Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos

Sales Per Year....

2017		2 (ytd)
2016		5
2015		6
2014		5
2013		2
2012		4
2011		3
2010		0
2009		0
2008		0
2007		0
2006		0
2005		0
2004		0
2003		0

Median Sales Price....

2017		$162,000
2016		$156,500
2015		$158,700
2014		$162,000
2013		$158,500
2012		$174,250
2011		$171,667
2010		$0
2009		$0
2008		$0
2007		$0
2006		$0
2005		$0
2004		$0
2003		$0

Sample Campus View Investment Analysis....

Property Details
Purchase Price	$162,000	based on median sales price

Income (Annual)
Monthly Rental Rate	$1,800	estimate based on currently available rental data
Projected Vacancy	4%	half a month per year
Gross Operating Income	$20,736

Expense (Annual)
Real Estate Taxes	$1,264	estimate based on median sales price
Repairs	$1,800	estimate based on typical property condition
Association Dues	$2,352	estimated to be $196 per month
Property Management	$0	assuming self management
Insurance	$583	estimate based on recent trends
Utilities	$0	assumes tenant pays all utilities
Advertising	$100	estimate
Total Operating Expenses	$6,099

Cash Flow Before Tax
Gross Operating Income	$20,736
- Operating Expenses	- $6,099
Net Operating Income	$14,637
- Annual Debt Service	- $8,400	financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes	$6,237

Sales in the Past 36 Months....

May 1, 2017	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$162,000	photos hide

Jan 27, 2017	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$162,000	photos hide

Jul 28, 2016	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$161,500	photos hide

May 16, 2016	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$156,500	photos hide

Apr 29, 2016	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$145,000	photos hide

Jan 26, 2016	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$156,900	photos hide

Jan 25, 2016	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$155,000	photos hide

Dec 30, 2015	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$148,000	photos hide

Dec 29, 2015	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$157,500	photos hide

Nov 16, 2015	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$156,600	photos hide

Aug 7, 2015	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$159,900	photos hide

Jun 26, 2015	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$162,500	photos hide

Feb 13, 2015	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$167,000	photos hide

Dec 16, 2014	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$152,000	photos hide

Dec 3, 2014	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$162,000	photos hide

Sep 4, 2014	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$169,900	photos hide

Current Listings....

2455 Campus View Cir
4 Beds • 4 Baths
1,396 livable square feet
$165,900 (For Sale)
Listing By: AAPM Realty LLC

Neighborhood Map....

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Have Questions? Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.

Site Content and Analysis provided by Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group

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