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

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CAMPUS VIEW CONDOS

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

Sales Per Year....

2021		9 (ytd)
2020		8
2019		7
2018		8
2017		5
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
2002		0
2001		0

Median Sales Price....

2021		$194,500
2020		$189,500
2019		$176,000
2018		$170,450
2017		$163,000
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
2002		$0
2001		$0

Sample Campus View Investment Analysis....

Property Details
Purchase Price	$194,750	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	$1,675	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	$701	estimate based on recent trends
Utilities	$0	assumes tenant pays all utilities
Advertising	$100	estimate
Total Operating Expenses	$6,628

Cash Flow Before Tax
Gross Operating Income	$20,736
- Operating Expenses	- $6,628
Net Operating Income	$14,108
- Annual Debt Service	- $8,628	financing 80% of the purchase price at 3.75%
Cash Flow Before Taxes	$5,480

Sales in the Past 36 Months....

Aug 4, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$192,000
Jun 11, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$195,000
May 28, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$199,500
May 28, 2021	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$193,000
May 28, 2021	520 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$200,000
May 20, 2021	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$195,000
May 10, 2021	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$191,000
May 7, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$194,500
Jan 29, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$194,000
Dec 18, 2020	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$196,000
Dec 17, 2020	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$193,000
Nov 20, 2020	520 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$197,000
Feb 12, 2020	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$186,000
Feb 7, 2020	520 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$182,500
Feb 7, 2020	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$195,000
Jan 31, 2020	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$185,000
Jan 13, 2020	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$185,000
Nov 26, 2019	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$183,000
Nov 7, 2019	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$192,000
Apr 16, 2019	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$178,000
Feb 28, 2019	515 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$176,000
Feb 27, 2019	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$175,000
Jan 31, 2019	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$173,000
Jan 31, 2019	510 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$175,400
Dec 3, 2018	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$172,000
Oct 15, 2018	510 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$167,500

Current Listings....

2455 Campus View Cir
4 Beds • 4 Baths
1,396 livable square feet
$219,500 (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.