REI Lense

REI Lense

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$2,722 (target)

126 Old Mill Manor Ct, Berkeley Springs, WV 25411

3 beds • 3 baths • 2770 sqft

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This property looks like a bad Long-Term investment with a projected -13.58% first-year return on $118k initial cash invested.

-13.58%

Cash On Cash

3.65%

Cap Rate

0.59

DSCR

$2,722

Rent

-$1,339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $4,061 expenses = $1,339 out of pocket

Income$2,722Out of Pocket$1,339Mortgage P&I$2,917107%Property Taxes$1656%Insurance$2058%HOA$672%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$113k

Closing costs

1%

$5,633

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,722

Total Expenses

$4,061

Mortgage P&I

107%

$2,917

Property Taxes

6%

$165

Home Insurance

8%

$205

HOA

2%

$67

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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