REI Lense

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$2,728 (target)

1206 Country Club Rd, Fairmont, WV 26554

3 beds • 2 baths • 2403 sqft

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This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $74,490 initial cash invested.

1.43%

Cash On Cash

6.99%

Cap Rate

1.14

DSCR

$2,728

Rent

$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,728 income − $2,639 expenses = $89 cash flow

Income$2,728Mortgage P&I$1,37050%Property Taxes$2449%Insurance$984%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$89

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,728

Total Expenses

$2,639

Mortgage P&I

50%

$1,370

Property Taxes

9%

$244

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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