REI Lense

REI Lense

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$1,765 (target)

307 Close Dr, Martinsburg, WV 25404

3 beds • 2 baths • 1172 sqft

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This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $66,486 initial cash invested.

-11.01%

Cash On Cash

4.41%

Cap Rate

0.69

DSCR

$1,765

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $2,375 expenses = $610 out of pocket

Income$1,765Out of Pocket$610Mortgage P&I$1,68595%Property Taxes$1207%Insurance$1126%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,486

Downpayment

20%

$63,320

Closing costs

1%

$3,166

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,765

Total Expenses

$2,375

Mortgage P&I

95%

$1,685

Property Taxes

7%

$120

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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