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
REHERD ACRES
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
reherd acres
Sales Per Year....
2018 1  (ytd)
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2015 Townhouse Sale  Townhouse Sale  3
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  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 $165,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $161,950
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $135,000
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,900
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $117,000


Sample Reherd Acres Investment Analysis....
Property Details
Purchase Price $165,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $900 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $10,368     
 
Expense (Annual)
Real Estate Taxes $1,403 estimate based on median sales price
Repairs $450 estimate based on typical property condition
Association Dues $240 estimated to be $20 per month
Property Management $0 assuming self management
Insurance $594 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $2,787  
 
Cash Flow Before Tax
Gross Operating Income $10,368  
 - Operating Expenses  - $2,787  
Net Operating Income $7,582     
 - Annual Debt Service  - $8,556 financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes    $-975     
Sales in the Past 36 Months....
Jan 26, 2018 1334 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $165,000 photos
Dec 22, 2017 1049 Oriole Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,440 SF $118,000 photos
Dec 18, 2017 1123 Bluebird Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,461 SF $179,900 photos
Nov 29, 2017 1066 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,408 SF $138,000 photos
Sep 15, 2017 1337 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,550 SF $174,000 photos
Sep 5, 2017 1083 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,500 SF $101,000 photos
Sep 5, 2017 1297 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,856 SF $175,000 photos
Aug 15, 2017 1124 Bluebird Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,378 SF $180,000 photos
Jun 12, 2017 1261 Goldfinch Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,160 SF $113,055 photos
Jun 6, 2017 1237 Goldfinch Dr, Harrisonburg, VA 22801 2 BR 2 BA 1,093 SF $180,000 photos
May 31, 2017 1125 Bluebird Ct, Harrisonburg, VA 22801 4 BR 4 BA 2,016 SF $185,000 photos
May 4, 2017 1377 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $149,900 photos
Mar 28, 2017 814 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,320 SF $101,461 photos
Nov 22, 2016 1053 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,980 SF $122,000 photos
Jun 20, 2016 1081 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 1.5 BA 1,950 SF $145,000 photos
Jun 13, 2016 1078 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,408 SF $118,000 photos
Mar 31, 2016 1308 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,289 SF $165,000 photos
Feb 3, 2016 907 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,920 SF $135,000 photos
Jan 14, 2016 843 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,872 SF $135,000 photos
Dec 3, 2015 823 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 2 BA 1,872 SF $156,000 photos
Oct 2, 2015 1314 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,306 SF $169,000 photos
Jun 12, 2015 946 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 2,058 SF $159,900 photos
Current Listings....
There are no properties on the market right now!
Neighborhood Map....
Learn About Investing   Investment Analysis Tools
Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.

 
Site Content and Analysis provided by Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
 
© 2018 Scott P. Rogers, All Rights Reserved  •  IDX Data Managed By Funkhouser Real Estate Group  •  Licensed in the Commonwealth of Virginia
401 University Blvd Harrisonburg, VA 22801

 

Additional Harrisonburg Real Estate Resources....
BuyingAHomeInHarrisonburg.com SellingAHomeInHarrisonburg.com ScottPRogers.com HarrisonburgHousingMarket.com HarrisonburgHousingToday.com NewListingsInHarrisonburg.com JustSoldInHarrisonburg.com HarrisonburgPropertyTransfers.com HarrisonburgNeighborhoods.com HarrisonburgTownhouses.com HarrisonburgInvestmentProperties.com WalkThroughThisHome.com HarrisonburgAssessments.com BestDealsInHarrisonburg.com HarrisonburgForeclosures.com

Popular (yet sometimes hard to find) Searches....
HarrisonburgREO.com HarrisonburgShortSales.com NewListingsInHarrisonburg.com

Popular New Home Communities....
Heritage Estates The Glen at Cross Keys The Townes at Bluestone Founders Way The Cottages at Stone Spring