REI Lense

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$2,139 (target)

131 Red Gate Rd, Beckley, WV 25801

3 beds • 3 baths • 1520 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $70,185 initial cash invested.

0.74%

Cash On Cash

6.8%

Cap Rate

1.1

DSCR

$2,139

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,139 income − $2,096 expenses = $43 cash flow

Income$2,139Mortgage P&I$1,27960%Property Taxes$2Insurance$874%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23511%Cash Flow$43

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,185

Downpayment

20%

$49,700

Closing costs

1%

$2,485

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,139

Total Expenses

$2,096

Mortgage P&I

60%

$1,279

Property Taxes

0%

$2

Home Insurance

4%

$87

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$235

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