REI Lense

REI Lense

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$2,147 (target)

118 Wren St N, Martinsburg, WV 25405

3 beds • 2 baths • 1242 sqft

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This property looks like a bad Long-Term investment with a projected -4.38% first-year return on $63,546 initial cash invested.

-4.38%

Cash On Cash

5.83%

Cap Rate

0.92

DSCR

$2,147

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,147 income − $2,379 expenses = $232 out of pocket

Income$2,147Out of Pocket$232Mortgage P&I$1,59674%Property Taxes$1085%Insurance$1075%HOA$10Management$21510%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,546

Downpayment

20%

$60,520

Closing costs

1%

$3,026

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,147

Total Expenses

$2,379

Mortgage P&I

74%

$1,596

Property Taxes

5%

$108

Home Insurance

5%

$107

HOA

0%

$10

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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