REI Lense

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511 Santa Fe Ct, Morgantown, WV 26508

3 beds • 3 baths • 1691 sqft

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This property looks like a bad Airbnb investment with a projected -8% first-year return on $91,773 initial cash invested.

-8%

Cash On Cash

4.68%

Cap Rate

0.74

DSCR

$2,951

Rent

-$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,951 income − $3,563 expenses = $612 out of pocket

Income$2,951Out of Pocket$612Mortgage P&I$1,86563%Property Taxes$1314%Insurance$1274%HOA$231%Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,951

Total Expenses

$3,563

Mortgage P&I

63%

$1,865

Property Taxes

4%

$131

Home Insurance

4%

$127

HOA

1%

$23

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

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