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$3,804 (target)

1017 Erwin Dr, Joppa, MD 21085

3 beds • 2 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $89,652 initial cash invested.

3.71%

Cash On Cash

8.08%

Cap Rate

1.23

DSCR

$3,804

Rent

$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,804 income − $3,527 expenses = $277 cash flow

Income$3,804Mortgage P&I$1,86949%Property Taxes$2456%Insurance$1213%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$277

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,652

Downpayment

20%

$68,240

Closing costs

1%

$3,412

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,804

Total Expenses

$3,527

Mortgage P&I

49%

$1,869

Property Taxes

6%

$245

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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