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
LIBERTY SQUARE
Avalon Woods  •  Beacon Hill Townes  •  Harmony Heights  •  Liberty Square
liberty square
Sales Per Year....
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  21  (ytd)
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  19
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  16
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  13
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11
 
Median Sales Price....
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $160,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $150,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,450
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $138,900
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $153,000


Sample Liberty Square Investment Analysis....
Property Details
Purchase Price $160,000 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 $1,360 estimate based on median sales price
Repairs $500 estimate based on typical property condition
Association Dues $600 estimated to be $50 per month
Property Management $0 assuming self management
Insurance $576 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,136  
 
Cash Flow Before Tax
Gross Operating Income $11,520  
 - Operating Expenses  - $3,136  
Net Operating Income $8,384     
 - Annual Debt Service  - $8,904 financing 80% of the purchase price at 5.75%
Cash Flow Before Taxes    $-520     
Sales in the Past 36 Months....
Oct 20, 2018 1034 Betsy Ross Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,276 SF $160,000  
Oct 1, 2018 1047 John Paul Jones Ln, Harrisonburg, VA 22801 4 BR 3.5 BA 2,084 SF $169,653  
Jul 24, 2018 1282 Settlers Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,404 SF $168,000  
Jul 18, 2018 1036 Molly Pitcher Pl, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $145,000  
Jul 13, 2018 1046 Molly Pitcher Pl, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $149,900  
Jul 12, 2018 1039 John Paul Jones Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,360 SF $170,000  
Jul 6, 2018 1113 Nathan Hale Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 2,088 SF $176,500  
Jun 29, 2018 1363 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $159,900  
Jun 25, 2018 1422 Founders Way, Harrisonburg, VA 22801 3 BR 3.5 BA 2,088 SF $176,000  
May 23, 2018 1373 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $167,800  
May 18, 2018 1217 Settlers Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $168,000  
May 1, 2018 1113 Paul Revere Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,276 SF $144,500  
Apr 10, 2018 1284 Settlers Ln, Harrisonburg, VA 22801 2 BR 2.5 BA 1,276 SF $156,500  
Mar 23, 2018 1296 Settlers Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $164,900  
Mar 15, 2018 1045 Betsy Ross Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,543 SF $160,000  
Mar 9, 2018 1236 Settlers Ln, Harrisonburg, VA 22801 3 BR 1.5 BA 1,276 SF $151,000  
Mar 9, 2018 1056 Betsy Ross Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,888 SF $159,000  
Feb 28, 2018 1393 Founders Way, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $160,000  
Feb 20, 2018 1121 Paul Revere Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,292 SF $151,000  
Jan 26, 2018 1334 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $165,000  
Jan 10, 2018 1427 Founders Way, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $156,000  
Dec 27, 2017 1298 Settlers Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $165,000  
Oct 30, 2017 1059 Alexander Hamilton Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,292 SF $145,000  
Sep 29, 2017 1404 Founders Way, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $158,500  
Sep 28, 2017 1402 Founders Way, Harrisonburg, VA 22801 3 BR 2.5 BA 1,404 SF $157,500  
Sep 28, 2017 1055 John Paul Jones Ln, Harrisonburg, VA 22801 3 BR 3.5 BA 2,088 SF $172,000  
Jul 31, 2017 1111 Nathan Hale Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 1,880 SF $170,000  
Jul 14, 2017 1035 Molly Pitcher Pl, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $150,000  
Jul 6, 2017 1238 Settlers Ln, Harrisonburg, VA 22801 2 BR 2.5 BA 1,292 SF $149,900  
May 30, 2017 1052 Alexander Hamilton Ln, Harrisonburg, VA 22801 3 BR 1.5 BA 1,292 SF $145,000  
May 15, 2017 1123 Paul Revere Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,276 SF $140,500  
May 4, 2017 1377 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $149,900  
Apr 26, 2017 1477 Founders Way, Harrisonburg, VA 22801 3 BR 2.5 BA 1,404 SF $150,000  
Mar 30, 2017 1047 Betsy Ross Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,292 SF $151,000  
Feb 28, 2017 1041 Betsy Ross Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,292 SF $145,000  
Feb 27, 2017 1045 Betsy Ross Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,543 SF $146,000  
Feb 3, 2017 1046 Alexander Hamilton Ln, Harrisonburg, VA 22801 3 BR 1.5 BA