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$3,885 (target)

1163 Summers School Rd, Morgantown, WV 26508

3 beds • 3 baths • 2372 sqft

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This property might be a fair Mid-Term investment with a projected 7.75% first-year return on $88,245 initial cash invested.

7.75%

Cash On Cash

8.65%

Cap Rate

1.43

DSCR

$3,885

Rent

$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $3,315 expenses = $570 cash flow

Income$3,885Mortgage P&I$1,68743%Property Taxes$1865%Insurance$1223%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$570

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$3,315

Mortgage P&I

43%

$1,687

Property Taxes

5%

$186

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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