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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 -3.3% first-year return on $85,389 initial cash invested.

-3.3%

Cash On Cash

5.59%

Cap Rate

0.93

DSCR

$3,157

Rent

-$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,157 income − $3,392 expenses = $235 out of pocket

Income$3,157Out of Pocket$235Mortgage P&I$1,60351%Property Taxes$1194%Insurance$1174%HOA$381%Management$47415%CapEx$1264%Maintenance$1264%Other$78925%

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

$3,157

Total Expenses

$3,392

Mortgage P&I

51%

$1,603

Property Taxes

4%

$119

Home Insurance

4%

$117

HOA

1%

$38

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$789

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