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$3,774 (target)

579 Black Cherry Dr, Fairmont, WV 26554

3 beds • 3 baths • 2148 sqft

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This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $95,574 initial cash invested.

2.55%

Cash On Cash

7.26%

Cap Rate

1.19

DSCR

$3,774

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,774 income − $3,571 expenses = $203 cash flow

Income$3,774Mortgage P&I$1,88050%Property Taxes$2436%Insurance$1354%HOA$301%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$203

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,574

Downpayment

20%

$73,880

Closing costs

1%

$3,694

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,774

Total Expenses

$3,571

Mortgage P&I

50%

$1,880

Property Taxes

6%

$243

Home Insurance

4%

$135

HOA

1%

$30

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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