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$3,240 (target)

1416 Arcadia Dr, Fairmont, WV 26554

3 beds • 3 baths • 2092 sqft

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This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $93,810 initial cash invested.

-0.91%

Cash On Cash

6.38%

Cap Rate

1.03

DSCR

$3,240

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $3,311 expenses = $71 out of pocket

Income$3,240Out of Pocket$71Mortgage P&I$1,86157%Property Taxes$1866%Insurance$1334%HOA$291%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,810

Downpayment

20%

$72,200

Closing costs

1%

$3,610

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$3,311

Mortgage P&I

57%

$1,861

Property Taxes

6%

$186

Home Insurance

4%

$133

HOA

1%

$29

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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