REI Lense

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$1,671 (target)

301 Holbert Ave, Fairmont, WV 26554

3 beds • 2 baths • 1056 sqft

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This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $53,490 initial cash invested.

3.07%

Cash On Cash

7.71%

Cap Rate

1.23

DSCR

$1,671

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,671 income − $1,534 expenses = $137 cash flow

Income$1,671Mortgage P&I$88253%Property Taxes$241%Insurance$594%Management$20112%CapEx$674%Vacancy$503%Maintenance$674%Other$18411%Cash Flow$137

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,671

Total Expenses

$1,534

Mortgage P&I

53%

$882

Property Taxes

1%

$24

Home Insurance

4%

$59

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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