REI Lense

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$4,904 (target)

15 Franklin Farms Dr, Fairmont, WV 26554

3 beds • 4 baths • 3449 sqft

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This property might be a fair Mid-Term investment with a projected 2.79% first-year return on $120k initial cash invested.

2.79%

Cash On Cash

7.57%

Cap Rate

1.18

DSCR

$4,904

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,904 income − $4,625 expenses = $279 cash flow

Income$4,904Mortgage P&I$2,59153%Property Taxes$1904%Insurance$1784%Management$58812%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$53911%Cash Flow$279

Investment Breakdown

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Purchase Price

$486k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,240

Closing costs

1%

$4,862

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,904

Total Expenses

$4,625

Mortgage P&I

53%

$2,591

Property Taxes

4%

$190

Home Insurance

4%

$178

HOA

0%

$0

Property Management

12%

$588

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$539

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