REI Lense

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$3,123 (target)

59 Raider Ln, Martinsburg, WV 25403

3 beds • 2 baths • 1919 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $82,197 initial cash invested.

3.88%

Cash On Cash

7.63%

Cap Rate

1.25

DSCR

$3,123

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,857 expenses = $266 cash flow

Income$3,123Mortgage P&I$1,55250%Property Taxes$1254%Insurance$1053%HOA$12Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$266

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,197

Downpayment

20%

$61,140

Closing costs

1%

$3,057

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$2,857

Mortgage P&I

50%

$1,552

Property Taxes

4%

$125

Home Insurance

3%

$105

HOA

0%

$12

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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