REI Lense

REI Lense

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$1,376 (target)

322 23rd St W, Huntington, WV 25704

3 beds • 2 baths • 1680 sqft

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This property might be a fair Long-Term investment with a projected 2.93% first-year return on $30,744 initial cash invested.

2.93%

Cash On Cash

7.73%

Cap Rate

1.18

DSCR

$1,376

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,376 income − $1,301 expenses = $75 cash flow

Income$1,376Mortgage P&I$79958%Property Taxes$735%Insurance$705%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%Cash Flow$75

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,744

Downpayment

20%

$29,280

Closing costs

1%

$1,464

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,376

Total Expenses

$1,301

Mortgage P&I

58%

$799

Property Taxes

5%

$73

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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