REI Lense

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$3,928 (target)

1203 Cathedral Dr, Glen Burnie, MD 21061

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 5.58% first-year return on $92,424 initial cash invested.

5.58%

Cash On Cash

7.9%

Cap Rate

1.34

DSCR

$3,928

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,928 income − $3,498 expenses = $430 cash flow

Income$3,928Mortgage P&I$1,74644%Property Taxes$2917%Insurance$1263%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$430

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,424

Downpayment

20%

$70,880

Closing costs

1%

$3,544

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,928

Total Expenses

$3,498

Mortgage P&I

44%

$1,746

Property Taxes

7%

$291

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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