Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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HARMONY HEIGHTS
1967 Buttonwood Ct, Harrisonburg, VA 22802     $219,900
MLS# 573405    For Sale
Subdivision: Harmony Heights
Area: Harrisonburg
Garage: 1-Car Garage
Heating: Central Heat, Electric, Heat Pump
Cooling: Heat Pump
Circa: 2005 (13 years old)
Lot Size: 0.14 acres
Association Fee:   $275
Days on Market:   35 (since Mar 17, 2018)
Listing By: Funkhouser Real Estate Group
Very well maintained brick end-unit town home in Harmony Heights. This town home offers over 2200 sf of finished living space, 3 BR and 3.5 bath. The spacious living room features hardwood floors and fireplace which flows into the kitchen with a center island and lots of storage space. Enjoy the whirlpool tub in the master suite along with plenty of closet space. The finished basement has a full bath and can be used as a family room, office, bedroom or rec area. This end unit also has beautiful landscaping, semi-private deck with retractable awning and additional storage space.
Elementary School:  Waterman Middle School:  Thomas Harrison High School:  Harrisonburg
Sample Harmony Heights Investment Analysis....
Property Details
Purchase Price $0 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 $0 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 $0 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $1,140  
 
Cash Flow Before Tax
Gross Operating Income $11,520  
 - Operating Expenses  - $1,140  
Net Operating Income $10,380     
 - Annual Debt Service  - $0 financing 80% of the purchase price at 5.4%
Cash Flow Before Taxes    $10,380     

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