REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,565 (target)

1179 Ocean Pkwy, Ocean Pines, MD 21811

3 beds • 2 baths • 1808 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.01% first-year return on $90,825 initial cash invested.

-13.01%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$2,565

Rent

-$985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $3,550 expenses = $985 out of pocket

Income$2,565Out of Pocket$985Mortgage P&I$2,13083%Property Taxes$27011%Insurance$1636%HOA$32113%Management$25610%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,825

Downpayment

20%

$86,500

Closing costs

1%

$4,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,565

Total Expenses

$3,550

Mortgage P&I

83%

$2,130

Property Taxes

11%

$270

Home Insurance

6%

$163

HOA

13%

$321

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis