REI Lense

REI Lense

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$1,421 (target)

1949 Presson Dr, Charleston, WV 25320

3 beds • 2 baths • 1522 sqft

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This property looks like a bad Long-Term investment with a projected -2.54% first-year return on $37,779 initial cash invested.

-2.54%

Cash On Cash

6.33%

Cap Rate

0.99

DSCR

$1,421

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,421 income − $1,501 expenses = $80 out of pocket

Income$1,421Out of Pocket$80Mortgage P&I$95867%Property Taxes$1007%Insurance$745%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,421

Total Expenses

$1,501

Mortgage P&I

67%

$958

Property Taxes

7%

$100

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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