REI Lense

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$1,612 (target)

309 W Academy St, Charles Town, WV 25414

3 beds • 2 baths • 1780 sqft

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This property might be a fair Long-Term investment with a projected 8.13% first-year return on $28,350 initial cash invested.

8.13%

Cash On Cash

8.89%

Cap Rate

1.38

DSCR

$1,612

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,612 income − $1,420 expenses = $192 cash flow

Income$1,612Mortgage P&I$72745%Property Taxes$22614%Insurance$473%Management$16110%CapEx$815%Vacancy$976%Maintenance$815%Cash Flow$192

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,612

Total Expenses

$1,420

Mortgage P&I

45%

$727

Property Taxes

14%

$226

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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