REI Lense

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286 Eastgate Dr, Morgantown, WV 26508

3 beds • 3 baths • 2422 sqft

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This property looks like a bad Airbnb investment with a projected -4.17% first-year return on $85,389 initial cash invested.

-4.17%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$3,040

Rent

-$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,389

Downpayment

20%

$64,180

Closing costs

1%

$3,209

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,040

Total Expenses

$3,337

Mortgage P&I

53%

$1,603

Property Taxes

4%

$119

Home Insurance

4%

$117

HOA

1%

$38

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$760

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