REI Lense

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$3,627 (target)

246 Kelly Rd, Morgantown, WV 26508

3 beds • 4 baths • 3372 sqft

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This property could be a profitable Mid-Term investment with a projected 23.15% first-year return on $59,979 initial cash invested.

23.15%

Cash On Cash

14.29%

Cap Rate

2.21

DSCR

$3,627

Rent

$1,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,627 income − $2,470 expenses = $1,157 cash flow

Income$3,627Mortgage P&I$1,07930%Property Taxes$882%Insurance$702%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%Cash Flow$1,157

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,627

Total Expenses

$2,470

Mortgage P&I

30%

$1,079

Property Taxes

2%

$88

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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