REI Lense

REI Lense

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$1,665 (target)

868 Hibner Ave, Huntington, WV 25705

3 beds • 2 baths • 1500 sqft

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This property might be a fair Long-Term investment with a projected 2.33% first-year return on $38,178 initial cash invested.

2.33%

Cash On Cash

7.47%

Cap Rate

1.16

DSCR

$1,665

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,665 income − $1,591 expenses = $74 cash flow

Income$1,665Mortgage P&I$97559%Property Taxes$1197%Insurance$654%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$74

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,178

Downpayment

20%

$36,360

Closing costs

1%

$1,818

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,665

Total Expenses

$1,591

Mortgage P&I

59%

$975

Property Taxes

7%

$119

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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