REI Lense

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$1,838 (target)

381 Grove Heights Rd, Berkeley Springs, WV 25411

3 beds • 2 baths • 1902 sqft

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This property looks like a bad Long-Term investment with a projected -2.06% first-year return on $53,130 initial cash invested.

-2.06%

Cash On Cash

6.11%

Cap Rate

1

DSCR

$1,838

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,838 income − $1,929 expenses = $91 out of pocket

Income$1,838Out of Pocket$91Mortgage P&I$1,28870%Property Taxes$724%Insurance$915%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,130

Downpayment

20%

$50,600

Closing costs

1%

$2,530

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,838

Total Expenses

$1,929

Mortgage P&I

70%

$1,288

Property Taxes

4%

$72

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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