I no little about the place, but based upon the little I do know the following might make it viable:1) WDC in general seems to grow whatever else doesn't no matter what and the entire area benefits2) It's also the number one tele-commuting city in the country so daily commutes may not be a huge problem for many target tenants.3) Lovettsville itself has high personal income levels, quite low unemployment levels, many young professionals, excellent schools and was listed as one of Virginia's best cities to live.

OK, not seeing this as the end of the world, but there are some troubling things (based on what I see in Portland and watching news):1) No inventory means in PDX people are reaching beyond FMV on housing and abetted by cheap loans2) Debt service issues - I'll take the extreme, look at retail in NYC, there's lots of space empty at $80/SqFt.  

This does an excellent job of providing the technical side of real estate. 2.

Hamish, that is the cash on cash return. (19% is still excellent!)

He was quite understanding and we are moving forward  Excellent!

Interested in comments. https://www.bisnow.com/national/news/other/blackstone-profitably-exits-single-family-investment-which-is-still-growing-101937#:~:text=Currently%2C%20the%20company%20owns%20about,launched%20Invitation%2C%20told%20the%20WSJ.

@Wyatt Short The FHA 203k is an excellent way to go.

Updated all lighting throughout, paint, exterior and interior, cleaned up landscaping, added new sod and landscape lighting stained all decks, window treatments, kitchen hardware, updated furniture and excellent photos.

Wayne,It has been my primary residence for the last 3 years.That’s really good news, thank you so much! 

I've tried putting together my own excel version but feel like I have nothing to compare it to.