- Featured
- Available
Apartment
Ashburn (VA), United States
$3,695 per slot
20600 Cornstalk Ter UNIT 202, Ashburn, VA 20147
A mature real estate market with favourable returns.
Average occupancy 83%
Mature real estate where demand never sleeps, with favorable returns.
Projected annual yield 11%
3% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 2 - 5 years
Property Overview
Investor opportunity - bring your vision – Priced Below Market! Welcome to Lakeshore Condos in sought-after Ashburn Village—a fantastic opportunity for investors, flippers, or buyers ready to renovate and gain instant equity. This 2-bedroom, 2-bath condo features private ensuite baths, walk-in closets, and two decks with beautiful lake views. The unit needs updates throughout, including renovations to the bathrooms and main living areas, and is priced significantly below market value to account for the cost of remodeling. Bring your design ideas and turn this into a high-performing rental, profitable flip, or custom home. Heat pump, dishwaser, washer and dryer and fridge are newly replaced, Located within walking distance to shopping, dining, and entertainment, plus access to Ashburn Village’s Sports Pavilion, 5 pools, lakes, and miles of trails—offering an active, suburban lifestyle with urban convenience. Sold As-Is. Don’t miss this rare chance to buy low and renovate in a premier community!
Financial Details
Total Property Value
$369,500
Price Per Slot
$3,695
Aquisition & Legal Fees (3%)
$11,085
Total Cost Per Slot (incl. fees)
$3,806
Projected Returns
Projected Gross Rent
$29,560 (8% of value)
Management fees (7%)
$2,070
Operating/Service Expenses (3%)
$887
Projected Net Income
$26,603
Net ROI Per Slot (on $3,695)
11% annually
Additional Details
- Bedroom
- 2
- Bathroom
- 2
- Area
- Int - 1,222 Sq Ft.
Ext -
Location
Ashburn VA, United States