REI Lense

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$1,974 (target)

5392 Newcomb Creek Rd, Huntington, WV 25704

3 beds • 2 baths • 1274 sqft

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This property might be a fair Mid-Term investment with a projected 4.83% first-year return on $54,918 initial cash invested.

4.83%

Cash On Cash

8.52%

Cap Rate

1.32

DSCR

$1,974

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,918

Downpayment

20%

$35,160

Closing costs

1%

$1,758

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,974

Total Expenses

$1,753

Mortgage P&I

48%

$948

Property Taxes

4%

$71

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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