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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 -8.25% first-year return on $91,773 initial cash invested.

-8.25%

Cash On Cash

4.61%

Cap Rate

0.72

DSCR

$2,912

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $3,543 expenses = $631 out of pocket

Income$2,912Out of Pocket$631Mortgage P&I$1,86564%Property Taxes$1314%Insurance$1274%HOA$231%Management$43715%CapEx$1164%Maintenance$1164%Other$72825%

Investment Breakdown

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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

$2,912

Total Expenses

$3,543

Mortgage P&I

64%

$1,865

Property Taxes

5%

$131

Home Insurance

4%

$127

HOA

1%

$23

Property Management

15%

$437

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$728

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