HarrisonburgInvestmentProperties.com

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....

2024		1 (ytd)
2023		3
2022		3
2021		14
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

Median Sales Price....

2024		$239,900
2023		$231,500
2022		$210,000
2021		$197,250
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

Sample Campus View Investment Analysis....

Property Details
Purchase Price	$244,700	based on median sales price

Income (Annual)
Monthly Rental Rate	$2,200	estimate based on currently available rental data
Projected Vacancy	4%	half a month per year
Gross Operating Income	$25,344

Expense (Annual)
Real Estate Taxes	$2,202	estimate based on median sales price
Repairs	$2,200	estimate based on typical property condition
Association Dues	$2,352	estimated to be $196 per month
Property Management	$0	assuming self management
Insurance	$881	estimate based on recent trends
Utilities	$0	assumes tenant pays all utilities
Advertising	$100	estimate
Total Operating Expenses	$7,735

Cash Flow Before Tax
Gross Operating Income	$25,344
- Operating Expenses	- $7,735
Net Operating Income	$17,609
- Annual Debt Service	- $16,632	financing 80% of the purchase price at 7.75%
Cash Flow Before Taxes	$977

Sales in the Past 36 Months....

Feb 1, 2024	520 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$239,900
Oct 19, 2023	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$249,500
Mar 17, 2023	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$231,500
Jan 17, 2023	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$221,000
Aug 19, 2022	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$210,000
May 31, 2022	515 Davis Mill Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$216,000
Jan 12, 2022	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$210,000
Dec 28, 2021	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$212,500
Dec 20, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$203,000
Dec 1, 2021	510 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$220,000
Oct 29, 2021	2455 Campus View Cir, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$210,000
Oct 29, 2021	520 Davis Mills Dr, Harrisonburg, VA 22801	4 BR	4 BA	1,396 SF	$208,500
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

Current Listings....

520 Davis Mills Dr
4 Beds • 4 Baths
1,396 livable square feet
$245,000 (For Sale)
Listing By: LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO

Neighborhood Map....

Learn About Investing Investment Analysis Tools

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