REI Lense

REI Lense

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$2,558 (target)

34 Morgan Ln, Berkeley Springs, WV 25411

3 beds • 2 baths • 1604 sqft

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This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $77,493 initial cash invested.

0.2%

Cash On Cash

6.62%

Cap Rate

1.08

DSCR

$2,558

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,558 income − $2,545 expenses = $13 cash flow

Income$2,558Mortgage P&I$1,44757%Property Taxes$1245%Insurance$1054%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$13

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,493

Downpayment

20%

$56,660

Closing costs

1%

$2,833

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,558

Total Expenses

$2,545

Mortgage P&I

57%

$1,447

Property Taxes

5%

$124

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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