REI Lense

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$1,288 (target)

5603 Kanawha Ave SE, Charleston, WV 25304

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Long-Term investment with a projected -14.06% first-year return on $59,850 initial cash invested.

-14.06%

Cash On Cash

3.43%

Cap Rate

0.56

DSCR

$1,288

Rent

-$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,288 income − $1,989 expenses = $701 out of pocket

Income$1,288Out of Pocket$701Mortgage P&I$1,451113%Property Taxes$1048%Insurance$1008%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,288

Total Expenses

$1,989

Mortgage P&I

113%

$1,451

Property Taxes

8%

$104

Home Insurance

8%

$100

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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