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$2,466 (target)

1137 Morningstar Ln, Fairmont, WV 26554

3 beds • 2 baths • 2182 sqft

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This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $72,390 initial cash invested.

1.06%

Cash On Cash

7.09%

Cap Rate

1.12

DSCR

$2,466

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,466 income − $2,402 expenses = $64 cash flow

Income$2,466Mortgage P&I$1,36755%Property Taxes$1054%Insurance$914%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$64

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,466

Total Expenses

$2,402

Mortgage P&I

55%

$1,367

Property Taxes

4%

$105

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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