REI Lense

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$2,624 (target)

3 Lure Ct, Inwood, WV 25428

3 beds • 2 baths • 1322 sqft

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This property looks like a bad Mid-Term investment with a projected -3.71% first-year return on $87,216 initial cash invested.

-3.71%

Cash On Cash

5.77%

Cap Rate

0.91

DSCR

$2,624

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $2,894 expenses = $270 out of pocket

Income$2,624Out of Pocket$270Mortgage P&I$1,75067%Property Taxes$893%Insurance$1335%HOA$291%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$2,894

Mortgage P&I

67%

$1,750

Property Taxes

3%

$89

Home Insurance

5%

$133

HOA

1%

$29

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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