Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
HarrisonburgInvestmentProperties.com
 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

College Rentals Multi Family Properties Newer Townhouses Upscale Townhouses Slightly Older Townhouses Foreclosures Bank Owned Properties
HARMONY HEIGHTS
Avalon Woods  •  Beacon Hill Townes  •  Harmony Heights  •  Liberty Square
harmony heights
Sales Per Year....
2019 Townhouse Sale  Townhouse Sale  3  (ytd)
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  10
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
 
Median Sales Price....
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $170,000
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $189,900
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $195,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $195,000


Sample Harmony Heights Investment Analysis....
Property Details
Purchase Price $199,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,000 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $11,520     
 
Expense (Annual)
Real Estate Taxes $1,692 estimate based on median sales price
Repairs $500 estimate based on typical property condition
Association Dues $540 estimated to be $45 per month
Property Management $0 assuming self management
Insurance $716 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,548  
 
Cash Flow Before Tax
Gross Operating Income $11,520  
 - Operating Expenses  - $3,548  
Net Operating Income $7,972     
 - Annual Debt Service  - $10,776 financing 80% of the purchase price at 5.5%
Cash Flow Before Taxes    $-2,804     
Sales in the Past 36 Months....
Aug 30, 2019 2150 Lake Terrace Dr, Harrisonburg, VA 22801 5 BR 3 BA 2,760 SF $257,000  
Jul 26, 2019 1222 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,414 SF $168,500  
Jul 1, 2019 1302 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $170,000  
Sep 24, 2018 1851 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3 BA 2,816 SF $228,000  
Aug 15, 2018 2049 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,128 SF $208,500  
Jun 18, 2018 1967 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,270 SF $212,000  
Jun 12, 2018 1925 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $207,000  
May 24, 2018 1661 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 972 SF $124,000  
May 15, 2018 2273 Lake Terrace Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,785 SF $240,239  
May 4, 2018 1338 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $159,000  
Mar 30, 2018 1232 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $158,000  
Mar 10, 2018 1657 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,240 SF $129,900  
Mar 8, 2018 1318 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $155,000  
Feb 9, 2018 1302 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $157,000  
Dec 29, 2017 2061 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,228 SF $207,500  
Oct 13, 2017 1228 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,414 SF $145,000  
Oct 11, 2017 2341 Virginia Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,874 SF $189,900  
Aug 25, 2017 1402 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $170,000  
Aug 10, 2017 1963 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $210,000  
Jun 21, 2017 1272 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $149,900  
May 5, 2017 1987 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $205,000  
Dec 22, 2016 2009 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,580 SF $199,000  
Current Listings....

1954 Buttonwood Ct
3 Beds  •  3 Baths  •  1 Half Baths
2,394 livable square feet
$229,900 (For Sale)
Listing By: Funkhouser Real Estate Group
Neighborhood Map....
Learn About Investing   Investment Analysis Tools
Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.