REI Lense

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$2,278 (target)

307 Chestnut St, Martinsburg, WV 25401

3 beds • 2 baths • 1300 sqft

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This property could be a profitable Mid-Term investment with a projected 24.99% first-year return on $37,740 initial cash invested.

24.99%

Cash On Cash

17.53%

Cap Rate

2.77

DSCR

$2,278

Rent

$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $1,492 expenses = $786 cash flow

Income$2,278Mortgage P&I$49622%Property Taxes$1296%Insurance$934%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$786

Investment Breakdown

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Purchase Price

$94,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,740

Downpayment

20%

$18,800

Closing costs

1%

$940

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,278

Total Expenses

$1,492

Mortgage P&I

22%

$496

Property Taxes

6%

$129

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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