REI Lense

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$3,220 (target)

118 Wren St N, Martinsburg, WV 25405

3 beds • 2 baths • 1242 sqft

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This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $81,546 initial cash invested.

4.47%

Cash On Cash

8.05%

Cap Rate

1.27

DSCR

$3,220

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,220 income − $2,916 expenses = $304 cash flow

Income$3,220Mortgage P&I$1,59650%Property Taxes$1083%Insurance$1073%HOA$10Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$304

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,546

Downpayment

20%

$60,520

Closing costs

1%

$3,026

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,220

Total Expenses

$2,916

Mortgage P&I

50%

$1,596

Property Taxes

3%

$108

Home Insurance

3%

$107

HOA

0%

$10

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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