REI Lense

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$2,418 (target)

246 Kelly Rd, Morgantown, WV 26508

3 beds • 4 baths • 3372 sqft

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This property could be a profitable Long-Term investment with a projected 15.78% first-year return on $41,979 initial cash invested.

15.78%

Cash On Cash

10.52%

Cap Rate

1.62

DSCR

$2,418

Rent

$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,418 income − $1,866 expenses = $552 cash flow

Income$2,418Mortgage P&I$1,07945%Property Taxes$884%Insurance$703%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%Cash Flow$552

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,418

Total Expenses

$1,866

Mortgage P&I

45%

$1,079

Property Taxes

4%

$88

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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