REI Lense

REI Lense

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$1,749 (target)

3 Lure Ct, Inwood, WV 25428

3 beds • 2 baths • 1322 sqft

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This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $69,216 initial cash invested.

-12.24%

Cash On Cash

4.12%

Cap Rate

0.65

DSCR

$1,749

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $2,455 expenses = $706 out of pocket

Income$1,749Out of Pocket$706Mortgage P&I$1,750100%Property Taxes$895%Insurance$1338%HOA$292%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,749

Total Expenses

$2,455

Mortgage P&I

100%

$1,750

Property Taxes

5%

$89

Home Insurance

8%

$133

HOA

2%

$29

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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