REI Lense

REI Lense

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$2,924 (target)

118 Grant Ct, Chestertown, MD 21620

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -5.46% first-year return on $89,922 initial cash invested.

-5.46%

Cash On Cash

5.34%

Cap Rate

0.88

DSCR

$2,924

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $3,333 expenses = $409 out of pocket

Income$2,924Out of Pocket$409Mortgage P&I$2,16774%Property Taxes$2478%Insurance$1605%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

|

Purchase Price

$428k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,922

Downpayment

20%

$85,640

Closing costs

1%

$4,282

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,924

Total Expenses

$3,333

Mortgage P&I

74%

$2,167

Property Taxes

8%

$247

Home Insurance

5%

$160

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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