REI Lense

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$2,061 (target)

511 Santa Fe Ct, Morgantown, WV 26508

3 beds • 3 baths • 1691 sqft

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This property looks like a bad Long-Term investment with a projected -10.1% first-year return on $73,773 initial cash invested.

-10.1%

Cash On Cash

4.6%

Cap Rate

0.72

DSCR

$2,061

Rent

-$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $2,682 expenses = $621 out of pocket

Income$2,061Out of Pocket$621Mortgage P&I$1,86590%Property Taxes$1316%Insurance$1276%HOA$231%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,061

Total Expenses

$2,682

Mortgage P&I

90%

$1,865

Property Taxes

6%

$131

Home Insurance

6%

$127

HOA

1%

$23

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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