REI Lense

REI Lense

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$1,412 (target)

151 Florida Ave, Morgantown, WV 26501

3 beds • 2 baths • 1247 sqft

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This property might be a fair Long-Term investment with a projected 0.96% first-year return on $36,120 initial cash invested.

0.96%

Cash On Cash

6.89%

Cap Rate

1.11

DSCR

$1,412

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,412 income − $1,383 expenses = $29 cash flow

Income$1,412Mortgage P&I$88763%Property Taxes$624%Insurance$665%Management$14110%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$29

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,120

Downpayment

20%

$34,400

Closing costs

1%

$1,720

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,412

Total Expenses

$1,383

Mortgage P&I

63%

$887

Property Taxes

4%

$62

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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