REI Lense

REI Lense

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$3,658 (target)

1132 Bay Ridge Rd, Annapolis, MD 21403

3 beds • 3 baths • 1644 sqft

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This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $151k initial cash invested.

-13.29%

Cash On Cash

3.49%

Cap Rate

0.58

DSCR

$3,658

Rent

-$1,675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$720k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,658

Total Expenses

$5,333

Mortgage P&I

98%

$3,587

Property Taxes

15%

$543

Home Insurance

7%

$252

HOA

0%

$0

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$219

Maintenance

5%

$183

Other

0%

$0

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