Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | 

College Rentals Multi Family Properties Newer Townhouses Upscale Townhouses Slightly Older Townhouses Foreclosures Bank Owned Properties
2312 Breckenridge Ct, Harrisonburg, VA 22801     $144,900
MLS# 574326    Under Contract
Subdivision: Stonewall Heights
Area: Harrisonburg
Heating: Heat Pump
Cooling: Central AC, Heat Pump
Circa: 1996 (22 years old)
Lot Size: 0.06 acres
Association Fee:   $250
Days on Market:   14 (since Apr 7, 2018)
Listing By: Funkhouser Real Estate Group
Handsome and well-maintained three-bedroom townhouse in Stonewall Heights. This home has been lovingly cared for and updated with new laminate floors, carpet, and stainless steel appliances. This home is move-in ready for the active home buyer or investor. This home is conveniently located close to JMU, Sentara RMH, Costco, and public transportation. This home is a must see in excellent condition!
Elementary School:  Stone Spring Middle School:  Skyline High School:  Harrisonburg
Sample Stonewall Heights Investment Analysis....
Property Details
Purchase Price $0 based on median sales price
Income (Annual)
Monthly Rental Rate $950 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $10,944     
Expense (Annual)
Real Estate Taxes $0 estimate based on median sales price
Repairs $475 estimate based on typical property condition
Association Dues $420 estimated to be $35 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    $995  
Cash Flow Before Tax
Gross Operating Income $10,944  
 - Operating Expenses  - $995  
Net Operating Income $9,949     
 - Annual Debt Service  - $0 financing 80% of the purchase price at 5.4%
Cash Flow Before Taxes    $9,949     

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